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:
Zverev produces a comeback win over Tabilo to earn a spot in the Italian Open finalMystik Dan looks like the horse to beat in the Preakness on what could be a muddy trackTransgender girl faces discrimination from a Mississippi school's dress code, ACLU saysHarrison Butker's Kansas City Chiefs jersey among 'most popular' on the NFL's storeMemphis man gets 80 years in prison for raping a woman a year before jogger’s killingSan Diego FC partners with Club Tijuana for a series of matchesPaul McCartney is Britain's first billionaire musician, an annual list saysEnglish fishing village told to boil water after outbreak from parasite sickens over 45 peopleSan Diego FC partners with Club Tijuana for a series of matchesXavi reportedly under pressure at Barcelona after saying it will struggle to compete with Madrid
2.685s , 6605.40625 kb
Copyright © 2024 Powered by China home to 369 unicorn enterprises: report ,Stellar Scope news portal