China home to 369 unicorn enterprises: report
Time:2024-05-22 00:20:10 Source:styleViews(143)
BEIJING, April 28 (Xinhua) -- China boasts a total of 369 unicorn companies, or startups valued at more than 1 billion U.S. dollars, according to a report released on Sunday at the 2024 Zhongguancun Forum in Beijing.
The number of unicorn companies in China amounts to over a quarter of the total number of such companies globally, the report on China's unicorn enterprise development said.
In recent years, China's overall strength in technological innovation has steadily increased. The country has fostered a large number of unicorn companies, providing continuous momentum for nurturing new quality productive forces, experts said.
Presently, China's 369 unicorn companies span 16 sectors, with the fields of artificial intelligence and integrated circuits taking the lead.
In terms of localities, these companies span 47 cities nationwide, and more than 60 percent of them are concentrated in Beijing, Shanghai, Shenzhen, Guangzhou, and Hangzhou.
Sixty-seven of them qualified for unicorn companies over the past year.
Beijing ranks first nationwide with 114 unicorn companies, the report noted.
(Editor:Wang Su)
Previous:Celebrity tequila brands, like George Clooney
Next:California congressman urges closer consultation with tribes on offshore wind
You may also like
- Four people killed in a house explosion in southwestern Missouri
- Avs forward Jonathan Drouin out with lower
- Milwaukee teenager gets 13 years for shooting inside restaurant that killed 2 other teens
- Felix Rosenqvist career turnaround continues as Swede gives Meyer Shank Racing 1st IndyCar pole
- DR MARTIN SCURR: How losing your hearing may cause dementia
- Rybakina ends Swiatek's Stuttgart reign in 3
- Maple Leafs, Jets, Oilers and Canucks carry Canada’s Stanley Cup hopes with drought now at 30 years
- Milwaukee teenager gets 13 years for shooting inside restaurant that killed 2 other teens
- Tamara Ecclestone is criticised as her daughter Fifi, 10, heads out wearing heavy make