Rank #21 of 31 · Registrations through 2023; later records not included.
1,224,863Active companies
149,247Reg. capital ≥ ¥10M
19,829≥10 insured staff
18.8%3-yr registration CAGR
New registrations by year
5w
14
6w
15
7w
16
9w
17
8w
18
10w
19
10w
20
11w
21
15w
22
18w
23
Industry structure · 20 sectors
Sector
Companies
Share
LQ*
Agriculture & Fishery
195,953
16.0%
2.11
Manufacturing
187,266
15.3%
0.91
Wholesale & Retail
178,231
14.6%
0.81
Construction
107,531
8.8%
0.89
Leasing & Business Services
102,175
8.3%
0.95
IT & Internet
64,462
5.3%
0.72
R&D & Technical Services
49,779
4.1%
0.5
Culture, Sports & Entertainment
40,489
3.3%
0.79
Hotels & Catering
35,914
2.9%
1.52
Real Estate
33,769
2.8%
1.0
Resident Services & Repair
33,559
2.7%
1.53
Transport & Logistics
32,734
2.7%
0.88
Health & Social Work
27,081
2.2%
1.74
Mining
20,903
1.7%
3.13
Finance
17,966
1.5%
0.82
Environment & Utilities Mgmt
17,380
1.4%
1.22
Education
15,192
1.2%
0.72
Utilities
11,819
1.0%
0.96
Public Organizations
14
0.0%
45.92
*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: Mining (LQ 3.13) · Agriculture & Fishery (LQ 2.11) · Health & Social Work (LQ 1.74) · Resident Services & Repair (LQ 1.53) · Hotels & Catering (LQ 1.52)
Markedly thinner: R&D & Technical Services (LQ 0.5) · IT & Internet (LQ 0.72) · Culture, Sports & Entertainment (LQ 0.79)
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.