On April 10, 2023, the Seventh All-things-grow Conference was held in Hangzhou, organized under the guidance of China Association for Science and Technology and jointly sponsored by Hangzhou Municipal People's Government, Zhejiang Provincial Committee of China Democratic National Construction Association, and China Investment and Development Promotion Association. During the conference, the Hangzhou Venture Capital Association, in collaboration with Weilian, jointly released the '2023 Hangzhou Unicorn & Emerging Unicorn Enterprise List'. Westlake Pharmaceuticals (Hangzhou) Co., Ltd. successfully secured a position on the list of Hangzhou's emerging unicorn enterprises.

西湖制药荣登2023杭州准独角兽榜单 

Technology is the primary productive force, Talent is the foremost resource, and Innovation is the leading driver. Hangzhou Municipality has proactively responded to the call from the Provincial Party Committee and Provincial Government to carry out in-depth study and implementation of the spirit of the 20th National Congress of the Communist Party of China,and the spirit of important discourses on the development of the private economy and high-level opening up to the outside world proposed by General Secretary of the Central Committee of the Communist Party of China (CPC) and President Xi Jinping. Hangzhou is endeavoring to cultivate a vibrant and all-encompassing trend of innovation, entrepreneurship, and creation that gallops like a myriad of horses, nurturing new opportunities amidst crises and charting new courses in times of change. With relentless efforts, the city is striving to establish a new era of high-quality development in Zhejiang Province and further advance the construction of Hangzhou as an "Innovative and Dynamic City" and a "Pilot Zone for Science and Technology Innovation Finance Reform".

As a nationwide leader in innovation and vitality, Hangzhou consistently maintains a thriving pace of development characterized by its digital economy, demonstrating resilient competitiveness amidst various challenges. The latest rankings reveal that there are 354 quasi-unicorn enterprises in Hangzhou, with Westlake Pharmaceuticals being included in the healthcare and medical category of Hangzhou's 2023 emerging unicorn list for the first time, thanks to its capability in developing original innovative drugs.