Rank #7 of 31 · Registrations through 2023; later records not included.
2,912,162Active companies
384,182Reg. capital ≥ ¥10M
136,085≥10 insured staff
16.0%3-yr registration CAGR
New registrations by year
8w
14
10w
15
14w
16
17w
17
20w
18
26w
19
31w
20
35w
21
39w
22
48w
23
Industry structure · 20 sectors
Sector
Companies
Share
LQ*
Wholesale & Retail
610,143
21.0%
1.17
IT & Internet
303,247
10.4%
1.43
Construction
299,479
10.3%
1.05
Leasing & Business Services
283,348
9.7%
1.11
Manufacturing
267,051
9.2%
0.54
Agriculture & Fishery
239,951
8.2%
1.09
R&D & Technical Services
197,998
6.8%
0.84
Culture, Sports & Entertainment
123,797
4.3%
1.01
Real Estate
76,461
2.6%
0.95
Transport & Logistics
72,523
2.5%
0.82
Hotels & Catering
57,045
2.0%
1.02
Education
55,941
1.9%
1.11
Resident Services & Repair
53,213
1.8%
1.02
Health & Social Work
46,959
1.6%
1.27
Finance
38,384
1.3%
0.74
Environment & Utilities Mgmt
35,556
1.2%
1.05
Utilities
22,760
0.8%
0.78
Mining
14,558
0.5%
0.92
*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: IT & Internet (LQ 1.43) · Health & Social Work (LQ 1.27)