“There are 369 unicorn companies in China.” The above data was announced in the “China Unicorn Enterprise Development Report (2024)” released at the Zhongguancun Forum - Global Unicorn Enterprise Conference held on the 28th. In recent years, the overall strength of China's scientific and technological innovation has been steadily improving, and the innovation system has become more and more complete, nurturing a large number of unicorn enterprises, providing a steady stream of momentum for cultivating new quality productivity. According to the report released this time, the number of unicorn companies in China exceeds one-quarter of the number of unicorn companies in the world, and 67 new unicorn companies have been launched in the past year. Currently, 369 unicorn companies are distributed in 16 fields, leading in the number of artificial intelligence and integrated circuits. Unicorn companies cover 47 cities across the country, with “North Shenzhen, Guangzhou and Hangzhou” gathering over 60%. Beijing ranks first in the country with 114 companies. (Xinhua News Agency)