Rank #20 of 31 · Registrations through 2023; later records not included.
1,229,406Active companies
127,984Reg. capital ≥ ¥10M
36,246≥10 insured staff
13.8%3-yr registration CAGR
New registrations by year
5w
14
6w
15
6w
16
7w
17
8w
18
9w
19
11w
20
13w
21
13w
22
16w
23
Industry structure · 20 sectors
Sector
Companies
Share
LQ*
Wholesale & Retail
190,455
15.5%
0.87
Manufacturing
168,589
13.7%
0.81
Agriculture & Fishery
156,142
12.7%
1.67
Leasing & Business Services
131,780
10.7%
1.22
IT & Internet
105,729
8.6%
1.18
Construction
96,580
7.9%
0.8
R&D & Technical Services
70,980
5.8%
0.71
Culture, Sports & Entertainment
58,045
4.7%
1.13
Hotels & Catering
38,720
3.1%
1.63
Transport & Logistics
35,783
2.9%
0.96
Real Estate
35,162
2.9%
1.04
Resident Services & Repair
24,381
2.0%
1.11
Health & Social Work
23,229
1.9%
1.49
Education
15,513
1.3%
0.73
Environment & Utilities Mgmt
15,194
1.2%
1.07
Finance
14,845
1.2%
0.68
Utilities
8,211
0.7%
0.66
Mining
4,477
0.4%
0.67
*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: Agriculture & Fishery (LQ 1.67) · Hotels & Catering (LQ 1.63) · Health & Social Work (LQ 1.49) · Leasing & Business Services (LQ 1.22)