Rank #6 of 31 · Registrations through 2023; later records not included.
3,097,302Active companies
405,851Reg. capital ≥ ¥10M
129,305≥10 insured staff
19.0%3-yr registration CAGR
New registrations by year
12w
14
13w
15
16w
16
16w
17
20w
18
23w
19
27w
20
35w
21
32w
22
47w
23
Industry structure · 20 sectors
Sector
Companies
Share
LQ*
Wholesale & Retail
616,172
19.9%
1.11
Leasing & Business Services
559,768
18.1%
2.07
R&D & Technical Services
518,361
16.7%
2.06
Manufacturing
312,768
10.1%
0.6
IT & Internet
284,322
9.2%
1.26
Construction
209,140
6.8%
0.69
Culture, Sports & Entertainment
167,530
5.4%
1.29
Transport & Logistics
103,166
3.3%
1.1
Real Estate
73,791
2.4%
0.86
Hotels & Catering
63,472
2.0%
1.06
Finance
38,401
1.2%
0.7
Resident Services & Repair
36,578
1.2%
0.66
Environment & Utilities Mgmt
20,636
0.7%
0.57
Education
19,828
0.6%
0.37
Agriculture & Fishery
17,964
0.6%
0.08
Health & Social Work
14,271
0.5%
0.36
Utilities
9,102
0.3%
0.29
Mining
2,127
0.1%
0.13
*LQ (location quotient) = provincial share ÷ national share. >1.2 markedly denser than national average, <0.8 markedly thinner. An arithmetic ratio, not a rating.
Where in China should we go? — here is what the registrations say:
Sectors markedly denser than the national average: Leasing & Business Services (LQ 2.07) · R&D & Technical Services (LQ 2.06) · Culture, Sports & Entertainment (LQ 1.29) · IT & Internet (LQ 1.26)