Rank #3 of 31 · Registrations through 2023; later records not included.
4,808,745Active companies
841,852Reg. capital ≥ ¥10M
273,746≥10 insured staff
9.5%3-yr registration CAGR
New registrations by year
16w
14
20w
15
26w
16
34w
17
37w
18
41w
19
46w
20
53w
21
51w
22
61w
23
Industry structure · 20 sectors
Sector
Companies
Share
LQ*
Manufacturing
1,332,895
27.7%
1.65
Construction
608,023
12.6%
1.29
Wholesale & Retail
577,487
12.0%
0.67
R&D & Technical Services
423,942
8.8%
1.09
Leasing & Business Services
340,672
7.1%
0.81
IT & Internet
318,687
6.6%
0.91
Culture, Sports & Entertainment
194,154
4.0%
0.96
Transport & Logistics
161,368
3.4%
1.11
Real Estate
134,761
2.8%
1.02
Agriculture & Fishery
134,088
2.8%
0.37
Hotels & Catering
83,776
1.7%
0.9
Education
81,964
1.7%
0.99
Finance
81,280
1.7%
0.95
Environment & Utilities Mgmt
77,231
1.6%
1.38
Resident Services & Repair
70,018
1.5%
0.81
Health & Social Work
60,412
1.3%
0.99
Utilities
54,340
1.1%
1.12
Mining
8,809
0.2%
0.34
Public Organizations
1
0.0%
0.84
*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: Manufacturing (LQ 1.65) · Environment & Utilities Mgmt (LQ 1.38) · Construction (LQ 1.29)