China took second place in the world for its number of unicorn companies, according to sina.com.cn, which quoted data from CB Insights in a report on Wednesday.

Unicorns reflect the vitality of a country's new economy, industry trends and national competitiveness, the Evergrande Research Institute said, adding the era for windfall financing from investors was over in 2019, due to the weakening recovery of the global economy.

Unicorns in China were born largely in association with internet giants and are crucial components of the giants' ecological system. Statistics showed about 50 percent of unicorns in China are more or less related to Alibaba, Baidu, Tencent, JD and Meituan.

Let's take a look at the top 10 Chinese unicorns in 2019.

No 10 JD Logistics

Value: $13.4 billion

A customer picks up her delivery from an autopilot robot in Wuhan, Hubei province. [Photo by Zhu Xingxin/China Daily]

No 9 Bitmain

Value: $14.8 billion

A screenshot of Bitmain's website [Photo/Bitmain]

No 8 WeBank

Value: $16.1 billion

A WeBank logo is seen on a building. [Photo/WeBank]

No 7 JD Finance/JD Digits

Value: $20.5 billion

No 6 Kuaishou

Value: $28.6 billion

No 5 Cainiao Network Technology

Value: $29.8 billion

No 4 Lu.com

Value: $38 billion

No 3 DiDi Chuxing

Value: $51.6 billion

No 2 ByteDance

Value: $75 billion

The ByteDance logo is seen in Nanjing on Sept 1, 2018. [Photo/Sipa]

No 1 Ant Financial

Value: $150 billion

Visitors tour an exhibition center of Ant Financial in Hangzhou, Zhejiang province. [Photo by Long Wei/For China Daily]