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Economy

China sees newly added enterprises stand at 18,100 on daily basis in H1

July 06, 2018


Abstract : By the end of June, the total number of market entities in China had reached 103 million, according to statistics released by the State Administration for Market Regulation on July 5.

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BEIJING, July 6 (Xinhua) -- By the end of June, the total number of market entities in China had reached 103 million, according to statistics released by the State Administration for Market Regulation on Friday. 

In the first half of 2018, newly established market entities and enterprises stood at 9.983 million and 3.274 million respectively, both registering a year-on-year increase of 12.5 percent. Newly added enterprises amounted to 18,100 on a daily basis.

In the second half of the year, the State Administration for Market Regulation will carry on reforms to further simplify administrative procedures and optimize business environment. (Edited by Zhang Yuan, zhangyuan11@xinhua.org)

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Keyword: business-environment enterprise-registration

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