Alibaba, the world's biggest e-commerce company, is headquartered in Hangzhou, capital of Zhejiang province. [Photo/IC]

An index report on the digital economy in the Yangtze River Delta region in 2019 was jointly released by the 21st Economic Research Institute and the Ali Research on Sept 23. Zhejiang has five cities ranking among the top 10 in digital economic development, according to the report.

The report analyzes the digital economic development of 27 cities in the YRD region based on five key indexes -- including digital infrastructure, digital business, the digital industry, digital government affairs and digital livelihood services, among other indexes, researchers said. 

According to the report, Hangzhou ranks first among other cities in the overall digital economy.

Four other cities in Zhejiang -- namely, Ningbo, Jinhua, Jiaxing and Wenzhou -- also made the top 10.

Zhou Jiangyong, Party chief of Hangzhou, said last October that Hangzhou would strive to become the top city in China in the digital economy.

The city is home to Alibaba, the world's largest e-commerce company.