The 2023 Guangzhou International Innovation Festival (GIIF) kicked off on Dec 18 at the Guangzhou Library, where Guangzhou released its 2023 Unicorn enterprise list and its Hidden Champions list.

Through these two prestigious lists, Guangzhou demonstrated its formidable innovation capabilities and economic potential.

The lists highlighted 102 Hidden Champions and 202 Unicorn companies in Guangzhou, including 33 innovative Unicorn companies, 105 future Unicorns, and 64 seed Unicorns. They collectively showcase Guangzhou's strength in transforming technological innovation into high-quality development.

Guangzhou provides an excellent growth environment for innovative enterprises. Guangzhou's Unicorn and Hidden Champion companies are actively positioning themselves in new development tracks, injecting fresh momentum into the city's economic growth.