Chinanews.com, March 6th. On March 6, Zhang Yong, Chairman and CEO of Alibaba Group's Board of Directors, said in Hangzhou that digital infrastructure construction is the new infrastructure and is becoming a new investment and development direction.

On the same day, Alibaba Group signed a deepening strategic cooperation agreement with Yuhang District, Hangzhou, and announced that it would accelerate the construction of a series of digital infrastructure in Yuhang District, where the Group's headquarters is located.

During the epidemic, Alibaba opened up plug-and-play digital capabilities to the entire society, which became the infrastructure for many areas to fight epidemics and return to work. The health codes that have covered more than 200 cities were pioneered in Yuhang. Zhang Yong pointed out that digitalization must be the only way for future social governance. At present, digital infrastructure is flourishing.

Zhang Yong said at the signing ceremony, "The great value of digitalization has been deeply rooted in the hearts of the people. Alibaba must not only assume more social responsibility in times of crisis, but also create opportunities for the next stage of economic development."