More than ever, China's economic development has faced significant constraints due to the lingering effects of the pandemic, ongoing US-China tensions, and a housing market on the brink of collapse. Despite these challenges, certain regions like Hangzhou have continued to thrive, particularly thanks to their strong technological sectors and innovative potential. This session will bring together experts to discuss the multifaceted economic turmoil China faces and the critical domestic economic developments that have been key in reinvigorating China’s growth engine. Specific focus will be placed on the regions and cities that have emerged as crucial players in the nation's future economic trajectory.