Innovation drives new economic growth

Leaders from unicorn firms - Ofo, Royole and Kuaishou - offer their views on how technology is changing businesses and people's lives

A booming digital economy is reshaping China's economic landscape as a string of unicorn companies - startups valued at more than$1 billion - gear up to become new growth engines in the country.

These unicorns, covering a wide range of high-tech sectors including artificial intelligence, the internet of things and intelligent manufacturing, have thoroughly changed how people live, and are invigorating the country's innovation and fostering a new economy.