Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

China sees 13.95 mln new market entities in H1

August 26, 2021


Abstract : About 13.945 million new market entities were registered in China in the first half of this year, basically returning to the level before the COVID-19 pandemic, the Xinhua-run Shanghai Securities News reported on Wednesday.

getAttachment (5).png

A woman works at a factory of a plastic products company in Ning'an City, northeast China's Heilongjiang Province, May 21, 2020. (Xinhua/Wang Jianwei)

BEIJING, Aug. 26 (Xinhua) -- About 13.945 million new market entities were registered in China in the first half of this year, basically returning to the level before the COVID-19 pandemic, the Xinhua-run Shanghai Securities News reported on Wednesday.

The total number of registered market entities in China surged from 55 million in 2012 to 145 million so far this year, marking a nearly 1.6-fold increase in nine years, said Xiong Maoping, vice head of the State Administration for Market Regulation. 

Xiong said that China's flourishing market entities are vital to promote the country's economic recovery and keep employment stable, which created more than 13 million jobs annually.

In July, China has released a guideline to energize market entities and improve the business environment with streamlined administrative procedures and better services. (Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: market entities

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial