Rank #24 of 31 · Registrations through 2023; later records not included.
843,994Active companies
99,124Reg. capital ≥ ¥10M
30,775≥10 insured staff
16.0%3-yr registration CAGR
New registrations by year
3w
14
3w
15
4w
16
5w
17
6w
18
6w
19
7w
20
8w
21
9w
22
11w
23
Industry structure · 20 sectors
Sector
Companies
Share
LQ*
Agriculture & Fishery
141,732
16.8%
2.21
Wholesale & Retail
139,661
16.5%
0.93
Manufacturing
97,344
11.5%
0.69
Construction
76,384
9.1%
0.92
Leasing & Business Services
66,348
7.9%
0.9
R&D & Technical Services
61,091
7.2%
0.89
IT & Internet
49,035
5.8%
0.8
Transport & Logistics
39,270
4.7%
1.54
Culture, Sports & Entertainment
30,591
3.6%
0.87
Real Estate
26,391
3.1%
1.13
Education
21,793
2.6%
1.49
Finance
16,786
2.0%
1.12
Resident Services & Repair
15,278
1.8%
1.01
Health & Social Work
13,470
1.6%
1.26
Utilities
11,305
1.3%
1.33
Hotels & Catering
9,212
1.1%
0.57
Mining
8,887
1.1%
1.93
Environment & Utilities Mgmt
8,330
1.0%
0.85
*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 2.21) · Transport & Logistics (LQ 1.54) · Education (LQ 1.49)
Markedly thinner: Manufacturing (LQ 0.69) · IT & Internet (LQ 0.8)
Sourcing: high-LQ sectors mean dense supply — more candidates, more room to compare
Market entry: low-LQ sectors mean fewer local rivals — but a thinner ecosystem; check up/downstream before committing
Next: pull the provincial company list for your target sector, then screen candidates one by one (Find Manufacturers / supplier screening)
Arithmetic presentation of registration data with procedural next steps — not investment or site-selection advice.