Report: More than 60%of Chinese unicorn companies are expected to increase by 30%or mo

International Accounting Firm Pwi Monday (September 4) released the China Unicorn CEO investigation 2023 at the China International Service Trade Fair in 2023.The report shows that 62%of unicorns interviewed by unicorns predict that the company's turnover will increase by 30%or more in 2023.

According to China News Agency, unicorn companies refer to startups with a valuation of more than $ 1 billion (about S $ 1.35 billion) and established for not more than 10 years.According to reports, this time there were 88 unicorn companies in more than 12 industries replied to the survey questionnaire, and more than 10 companies participated in face -to -face in -depth interviews.

Report found that in 2023, corporate services (19%), high -end manufacturing and hardware (17%), e -commerce (15%), medical health (13%), transportation and cars (11%)It is the five major industries in Chinese unicorn enterprises.Among them, high -end manufacturing and hardware are the fastest industries with unicorn companies in recent years.

This survey shows that "economic situation and growth rate" became the most concerned external factors for unicorn companies in 2023. From the fifth survey in 2020Change and "policy and supervision" are tied for first.Urbanization trends, changes in population structure, and changes in consumer behavior follow closely.

From the perspective of the capital market selection, the survey shows that A shares (36%) and Hong Kong stocks (36%) are tied as the capital market preferred by unicorn companies in 2023.18%, a decrease of five percentage points from 2020.

Report found that unicorn companies still continued in 2023.67%of unicorn companies stated that they would maintain their original or new overseas expansion plans, far higher than 41%of the investigation in 2020.The Asia -Pacific region (36%) and North America (32%) are still the first choice for overseas expansion of unicorn companies.Regional comprehensive economic partnerships (RCEP) member states and countries along the “Belt and Road” are also hot markets (17%) for unicorn companies to go to sea.

For overseas expansion methods, the interviewed company stated that the preferred method is to sell products overseas (67%), followed by opening overseas branches (64%), forming a strategic alliance with local partners (38 38 (38)%) Establish a joint venture (35%).