Hangzhou ETDZ 2008 (Shanghai) investment promotion fair was held in Shanghai on May 28, This fair is the first time that Hangzhou ETDZ organize a separate delegation to Shanghai for attracting investment.80 enterprises came from 14 countries and regions attend the fair.  Five investment intentions with total RMB 1.8 billion investments have been signed on this promotion fair. The municipal government economic adviser Kim Seung-shan attended the meeting.

Hangzhou ETDZ is a state -level ETDZ. It was set up in 1993 with the approval of State Council. After 15 years of construction, the development zone has formed four pillar industries, which is electronic information, biomedicine, machinery manufacturing, and food processing. It has attracted 474 Foreign-investment enterprises from 39 countries and regions settle down in the zone.

Three main blocks compose this promotion fair. Including Xiasha Metro CBD blocks, which focus is on cultivating integrated commerce industry; Singapore-hangzhou Science Park that focus on R&D and services outsourcing; 40 square kilometers Jiangdong Block, which focus is on international manufacturing transfer and the development of new industries.   At the fair, many investors showed a strong interest in investing in the zone.

Jim Seung-shan express that Hangzhou municipal government will pay great attention to the 2010 Shanghai World Expo, they would like to get good interaction and cooperation with Shanghai through multi-channel, all-round efforts. They try to make Hangzhou and its EDTZ a radiation and undertake zone of "Expo economy". In the meantime, they will take the complementary policy, based on electronic information, modern medicine, new energy, new materials, and other high-tech industries, to develop service-outsourcing industry. They will actively interact and complement with Shanghai while put focus on undertaking outsourcing services from the coast. Hopefully, the developers will invest in the zone, then two sides work together to promote economic integration.