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By the end of 2024, 67% of China's unicorn firms will be located in national high-tech industrial development zones, which also host one-third of the country's high-tech enterprises. These zones account for 60% of publicly listed AI companies and nearly half of AI unicorns, with a GDP growth of 7.6% year-on-year. The government aims to enhance these zones by integrating them with national science and technology resources to foster more unicorn and gazelle companies.
Wu Jiaxiang
People
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China's high-tech zones host majority of unicorn firms by 2024
05:00 02.03.2025
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