Two years on: Progress after Xi's speech on the internet
chinadaily.com.cn |
Updated: 2018-04-19 08:37
Share
Share - WeChat
5. Development of internet enterprises
The number of Chinese AI enterprises reached 592 in June 2017. As of December 2017, there were 77 "unicorn companies"— private startups valued at more than $1 billion — in internet and information industries in China.
Among the unicorns, over 30 percent were e-commerce or internet finance businesses, while culture and entertainment, automobile and transport, online medical services and AI companies also achieved rapid development.
- Freight loaded with goods leaves Guangzhou as it heads to Europe
- Typhoon Tapah triggers Level-IV warning in South China island province
- Driver detained in Wuhan road crash, 7 injured
- 33rd Macao intl fireworks contest kicks off
- From Sao Paulo to Kunming, voice of Global South grows louder
- Silk Road-themed tourism promotion held in Shanghai
