Rank #2 of 31 · Registrations through 2023; later records not included.
5,361,271Active companies
670,915Reg. capital ≥ ¥10M
162,557≥10 insured staff
3.9%3-yr registration CAGR
New registrations by year
17w
14
21w
15
28w
16
33w
17
44w
18
56w
19
64w
20
66w
21
61w
22
71w
23
Industry structure · 20 sectors
Sector
Companies
Share
LQ*
Manufacturing
1,035,269
19.3%
1.15
Wholesale & Retail
976,273
18.2%
1.02
Construction
688,268
12.8%
1.31
Agriculture & Fishery
414,490
7.7%
1.02
Leasing & Business Services
391,461
7.3%
0.83
IT & Internet
331,016
6.2%
0.85
R&D & Technical Services
303,789
5.7%
0.7
Transport & Logistics
180,067
3.4%
1.11
Culture, Sports & Entertainment
179,856
3.4%
0.8
Real Estate
131,642
2.5%
0.89
Education
118,053
2.2%
1.27
Finance
105,916
2.0%
1.11
Resident Services & Repair
100,912
1.9%
1.05
Hotels & Catering
88,791
1.7%
0.86
Health & Social Work
62,909
1.2%
0.92
Utilities
57,487
1.1%
1.06
Environment & Utilities Mgmt
53,626
1.0%
0.86
Mining
16,750
0.3%
0.57
*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: Construction (LQ 1.31) · Education (LQ 1.27)