“Made in Hangzhou” has gained high-quality development rapidly. In 2021 Hangyang took part in two projects winning first prize of National Award for Science and Technology Progress. Five enterprises, including HIKVISION, and WANG Shuifu, President of XIZI UHC, were nominated for the 4th China Quality Award, marking a new high of the number of nominated enterprises (individuals) based in Hangzhou. 36 Hangzhou-based enterprises were listed among Top 500 Private Enterprises in China, making Hangzhou the city with the most enterprises on the list among all cities in China 19 years in a row.