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Currently, China boasts 409 unicorn companies, collectively valued at over 1.5 trillion USD. Among these, Beijing stands out as the frontrunner with 115 unicorn companies. In terms of valuation, unicorns in the field of artificial intelligence hold the highest worth, amounting to 461.2 billion USD. Remarkably, over 70% of Beijing's hard technology unicorn companies have attained internationally renowned achievements across various technological domains. To further nurture their growth, Beijing has implemented a comprehensive four-in-one cultivation system encompassing tailored policies, dedicated butler services, innovation nurturing, and forward-looking incubation. Experts highlight that while China is poised to witness the rise of more unicorn companies, it is crucial to strike a balance between technological innovation, product realization, and capital operation.
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