Rank #22 of 31 · Registrations through 2023; later records not included.
1,019,847Active companies
152,787Reg. capital ≥ ¥10M
21,520≥10 insured staff
23.1%3-yr registration CAGR
New registrations by year
1w
14
1w
15
2w
16
2w
17
3w
18
6w
19
14w
20
14w
21
20w
22
26w
23
Industry structure · 20 sectors
Sector
Companies
Share
LQ*
Wholesale & Retail
286,523
28.1%
1.57
IT & Internet
154,470
15.1%
2.08
Leasing & Business Services
96,171
9.4%
1.08
Manufacturing
78,564
7.7%
0.46
Construction
68,970
6.8%
0.69
R&D & Technical Services
48,320
4.7%
0.58
Culture, Sports & Entertainment
45,268
4.4%
1.06
Agriculture & Fishery
43,055
4.2%
0.56
Finance
43,026
4.2%
2.37
Real Estate
38,077
3.7%
1.35
Transport & Logistics
24,952
2.4%
0.81
Hotels & Catering
14,893
1.5%
0.76
Education
13,665
1.3%
0.77
Resident Services & Repair
12,950
1.3%
0.71
Environment & Utilities Mgmt
11,722
1.1%
0.99
Utilities
9,183
0.9%
0.89
Health & Social Work
8,774
0.9%
0.68
Mining
5,639
0.6%
1.02
*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: Finance (LQ 2.37) · IT & Internet (LQ 2.08) · Wholesale & Retail (LQ 1.57) · Real Estate (LQ 1.35)