369 Chinese unicorn companies, totaling nearly 4.2 trillion USD valuation, contribute to a quarter of the global unicorn population.

China's unicorn enterprises, focusing on advanced manufacturing, automotive tech, fintech, corporate services, and AI, are experiencing the fastest global growth, adding 32 new companies to the 2024 Global Unicorn Top 500 Enterprises with a cumulative valuation of nearly 30 trillion yuan (4.2 trillion USD). With 369 unicorn companies, China accounts for over a quarter of the global unicorn population, driven by its large market scale, industrial infrastructure, and strong policy support.

July 01, 2024
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