definitely, on all three counts.

but i think among Chinese, Hangzhou is seen first and foremost as a tourist city, given its country-wide fame for its scenery, history, temples, personages, legends, tea, silk, and so on.  the first time i was told about it was from a Shanghai woman who called it the city for honeymoons.

still, you're right, more recently it has become a booming business and high-tech hub, with plenty of business traffic from overseas as well.  and a 28-minute (!!!) maglev connection between Shanghai and Hangzhou would be simply fantastic, particularly for the surprising number of Hangzhou residents who commute every day to Shanghai, not to mention the far more numerous business people who travel between the two cities on a frequent if not every day basis.

Truth unfolds in time through a communal process.