Rank #28 of 31 · Registrations through 2023; later records not included.
634,719Active companies
103,651Reg. capital ≥ ¥10M
32,818≥10 insured staff
10.9%3-yr registration CAGR
New registrations by year
2w
14
2w
15
3w
16
4w
17
4w
18
5w
19
6w
20
8w
21
6w
22
9w
23
Industry structure · 20 sectors
Sector
Companies
Share
LQ*
Wholesale & Retail
119,477
18.8%
1.05
Construction
74,980
11.8%
1.2
Manufacturing
73,997
11.7%
0.69
Agriculture & Fishery
69,034
10.9%
1.43
Leasing & Business Services
48,510
7.6%
0.87
R&D & Technical Services
41,015
6.5%
0.8
Transport & Logistics
29,980
4.7%
1.56
IT & Internet
29,441
4.6%
0.64
Real Estate
22,361
3.5%
1.28
Culture, Sports & Entertainment
19,526
3.1%
0.73
Finance
15,774
2.5%
1.4
Resident Services & Repair
14,379
2.3%
1.27
Utilities
11,562
1.8%
1.81
Education
11,058
1.7%
1.01
Environment & Utilities Mgmt
10,482
1.7%
1.42
Mining
10,183
1.6%
2.95
Hotels & Catering
9,308
1.5%
0.76
Health & Social Work
7,291
1.1%
0.9
*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: Transport & Logistics (LQ 1.56) · Agriculture & Fishery (LQ 1.43) · Real Estate (LQ 1.28) · Construction (LQ 1.2)
Markedly thinner: IT & Internet (LQ 0.64) · Manufacturing (LQ 0.69) · R&D & Technical Services (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.