Rank #27 of 31 · Registrations through 2023; later records not included.
790,415Active companies
91,220Reg. capital ≥ ¥10M
22,379≥10 insured staff
-1.3%3-yr registration CAGR
New registrations by year
4w
14
4w
15
5w
16
5w
17
7w
18
6w
19
8w
20
7w
21
7w
22
7w
23
Industry structure · 20 sectors
Sector
Companies
Share
LQ*
Agriculture & Fishery
167,529
21.2%
2.79
Wholesale & Retail
126,035
15.9%
0.89
Construction
110,408
14.0%
1.42
Manufacturing
68,467
8.7%
0.51
Leasing & Business Services
50,872
6.4%
0.74
IT & Internet
31,298
4.0%
0.54
R&D & Technical Services
30,909
3.9%
0.48
Culture, Sports & Entertainment
25,547
3.2%
0.77
Transport & Logistics
21,204
2.7%
0.89
Resident Services & Repair
20,149
2.5%
1.42
Real Estate
19,959
2.5%
0.92
Hotels & Catering
17,155
2.2%
1.13
Education
16,990
2.1%
1.24
Finance
14,015
1.8%
1.0
Health & Social Work
11,302
1.4%
1.13
Utilities
10,121
1.3%
1.27
Environment & Utilities Mgmt
9,630
1.2%
1.05
Mining
8,490
1.1%
1.97
Public Organizations
1
0.0%
5.08
*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: Agriculture & Fishery (LQ 2.79) · Construction (LQ 1.42) · Resident Services & Repair (LQ 1.42)
Markedly thinner: R&D & Technical Services (LQ 0.48) · Manufacturing (LQ 0.51) · IT & Internet (LQ 0.54) · Leasing & Business Services (LQ 0.74) · Culture, Sports & Entertainment (LQ 0.77)
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.