According to the 2026 China Unicorn Enterprise Development Report, released in Beijing on March 29, the city leads China with 116 unicorn companies and a total valuation of 741.9 billion dollars. As of December 2025, China had 416 unicorn companies, accounting for nearly 30 percent of the global total and ranking second worldwide.

To support the growth of unicorn enterprises, Beijing has implemented the "Ten Measures for Unicorns" – a set of policies aimed at reducing business costs in areas such as talent settlement and IPO services. Through its service package mechanism and related alliances, the city provides comprehensive support, handling over 300 enterprise development requests annually. Meanwhile, Beijing has strengthened the cultivation of future unicorns by adding new benchmark incubators, municipal-level incubators, and specialized industrial parks, while focusing on emerging future industries to nurture potential unicorns. Additionally, Beijing has built a first-class innovation ecosystem, facilitating connections between unicorn firms and state-owned and central enterprises, and leveraging government investment funds to provide financing support.

(Source: Beijing Daily)