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山东省

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

SectorCompanies ShareLQ*
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)
Markedly thinner: R&D & Technical Services (LQ 0.7) · Culture, Sports & Entertainment (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.
Full report · US$99 — city-level drill-down · per-sector yearly trends (2018–23)

Multi-province compare US$199 coming
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