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:
Related suggestion:
Event to promote love of reading to be held in KunmingMaren Morris defends taking her fourKesha changes Diddy lyrics in her hit song TiK ToK during Coachella set with Renee RappIranian FM, EU foreign policy chief discuss Iran's retaliatory attack against IsraelDrake pushes back after Rick Ross accused him of getting a nose job in Champagne Moments lyricsAt least 37 mothers killed daily in Gaza: medicsScheana Shay rubs Lala Kent's swimsuitIsrael artist refuses to open Israel pavilion at Venice BiennaleChina ramps up efforts to attract foreign investment across diverse industriesChinese premier delivers keynote speech at China Development Forum 2024
2.009s , 6501.625 kb
Copyright © 2024 Powered by China home to 369 unicorn enterprises: report ,Culture Connection news portal