China home to 369 unicorn enterprises: report
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)
Related articles
- The 'real-life Martha' from Baby Reindeer bombarded Sir Keir Starmer with almost 300 emails, it has2024-05-21
Box owners at Mexico’s iconic Azteca Stadium refuse to release their seats for the 2026 World Cup
MEXICO CITY (AP) — Roberto Ruano has a luxury box at Mexico City’s Azteca Stadium where he and his f2024-05-21Terrifying moment furious driver swings steering wheel lock at motorcyclist in road rage row
This is the terrifying moment a furious driver swung a steering wheel lock at a motorcyclist during2024-05-21Box owners at Mexico’s iconic Azteca Stadium refuse to release their seats for the 2026 World Cup
MEXICO CITY (AP) — Roberto Ruano has a luxury box at Mexico City’s Azteca Stadium where he and his f2024-05-21Online reading or offline clubs? Young Chinese embrace both in digital era
Traveling more than 1,000 kilometers from the Ningxia Hui Autonomous Region to Beijing, literature l2024-05-21Puerto Rico declares state of emergency as persistent rains unleash heavy flooding and landslides
PORT-AU-PRINCE, Haiti (AP) — Puerto Rico’s governor has declared a state of emergency following heav2024-05-21
atest comment