With the rapid development of information and network technology and economic globalization，the organization structures in space have such a change that headquarters and industry have been separated. Many headquarters collect in central cities and industry and manufacture bodies collect in some other regions. This type of management becomes a chain of industry and market. A headquarter is in fact the supervising center for its activities in this region. Nowadays, many cities take up to develop headquarters economy.
This paper describes the basic concepts of headquarters economic theory and characteristics of effect. On this basis, the author summarizes the environmental conditions of urban developing headquarter economy and analyzes its own characteristics and economic conditions of Hangzhou to develop headquarter economy by studying its strengths, weaknesses, opportunities and threats. Finally, by drawing on the experience of Shanghai, the author makes a number of recommendations for the further development of the headquarters economy of Hangzhou.
KEYWORDS：Headquarters economy, Headquarters cluster, Developing strategy, Feasibility research
