In recent years, the number of new start-ups and unicorn companies has decreased, and the venture capital industry is also facing various challenges. Regarding the obstacles faced by the creation of unicorn companies, Wang Jiangping, Vice Minister of the Ministry of Industry and Information Technology, said at a press conference held recently by the State Council Information Office that the growth of unicorn companies requires the company’s own scientific and technological strength on the one hand, and its own scientific and technological strength on the other. A good development environment is also needed.
As representative enterprises of the new economy, new business formats and new models, unicorn companies have the characteristics of rapid development and high growth potential, and have become a new force in promoting new quality productivity.
Wang Jiangping introduced that in recent years, the number of unicorn companies in China has continued to grow, their comprehensive capabilities have been greatly improved, and a number of super unicorn companies have emerged. Beijing, Shanghai, Hangzhou, Guangzhou, and Shenzhen have gathered a large number of unicorn companies. On the other hand, in Chongqing, Tianjin, Chengdu, Changsha, Wuhan and other places, the number of unicorn companies has also gradually increased in recent years, showing a variety of unicorn companies. Polarized development trend. Unicorn companies from high-end manufacturing, consumption and retail, high-tech and other fields accounted for more than 78%. Among the new unicorn companies last year, more than half came from hard technology tracks such as new energy, artificial intelligence, and semiconductors. .
In the next step, the Ministry of Industry and Information Technology will take measures to promote and support the development of my country's unicorn companies. The first is to establish a unicorn enterprise cultivation system that is unified across the country and coordinated by ministries and provinces. The second is to support the technological innovation of unicorn companies, encourage and guide unicorn companies to carry out technological research based on national strategic needs, and master more "unique skills". The third is to increase financial support for unicorn companies, give full play to the role of industry-finance cooperation platform, and support the listing, mergers and acquisitions, restructuring, etc. of unicorn companies. The fourth is to proactively lay out future industries, focusing on new fields and new tracks such as atomic-level manufacturing, brain-computer interfaces, and 6G, to develop and expand unicorn companies. Fifth, support unicorn companies to integrate into global innovation networks and carry out innovation cooperation.
"We especially welcome international innovation teams to start businesses in China, and we also welcome foreign investment in unicorn companies in China. We are willing to share the development opportunities of China's innovation and entrepreneurship with the world." Wang Jiangping said.