China vs. US: Who’s Growing Faster in the Startup Race?

2025-06-20

According to StartupBlink’s Global Startup Ecosystem Index 2025, China is growing more than twice as fast than the United States— with a 45.9% annual growth rate compared to the US’ 18.2% However, despite this momentum, the United States’ total score is still 9× higher, highlighting the gap China still needs to close.

US also leads on key ecosystem metrics:

  • Unicorns: The US has 611, China has 146 — the two countries with the highest number of unicorns globally.
  • Startup funding (2024): United States raised $200.53B, China raised $35.99B.
  • Global startup share: US hosts 36.7% of the world’s startups, while China accounts for 5.0%.

Explore the full rankings on 1,400+ cities and 110+ countries around the world.


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