If you miss it, don't worry, its not the end of the world, you could always get onto the next one within the next 2-3 hours.
From what I see and understand from television ads I see on CCTV English, Hangzhou is suppose to be an outsourcing/economic/support center due to its proximity from Shanghai. Fun fact, http://www.taobao.com/ is based in Hangzhou!
You can also get to Shanghai cheap from Hangzhou by flying Airasia there. For example, I just bought my ticket home for RMB900!! (Average is usually RMB1,500-2000)
It takes about 30-40mins to get to the train station from the airport, and another 1 hour to get to Shanghai by train. This should all cost at most** RMB250 all together.
As for touring Hangzhou,
The only interesting/highlight of Hangzhou is 西湖West Lake XiHu,
Once you are at the lake, you'll see:
Ducks, Lily Pads, Pagoda, BuBBles




Elderly Singing, Dancing, or holding Public performances

Play chess and have the whole park observe your game
Sit Down and Do Nothing
Have some Cotton Candy with your Bud....
Observe People


Take kids for walks
Ride on a Boat for RMB80/hour
Check out Girls
Blow Bubbles

Observe Crazy 老外s Shooting Water into the lake
Observe 老外s buy stuff in markets
Shoot Photos of the lilies/water pads and "Pagoda"

Ride on "the Boat" (RMB45) to the middle of the Lake (get there before 4)
Rejected!
Explore the Middle of the Lake
Observe marriages
Check out the very touristy street (Qinghefang Old Street‘ 清河坊)

Buy Stuff
Have some Food at the International Food Street (Next to XiHu)
Thats what I did, but you could also check out:
Jade Emperor Hill Entry fee here is 10 rmb
Guo's Villa (郭庄)Entry fee here is 10 rmb
Linyin Temple (灵隐寺) 65 rmb
FLY TO HANGZHOU NOW!!!
www.airasia.com
The bubble picture is DAMN cool!
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