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Zhejiang Market Entities Hit 6 Million, Ranking First in China
2018-05-07 09:52:41

As the journalist learned on May 3rd from the Zhejiang Industrial and Commercial Bureau, according to the data of the market entities in the first quarter, by the end of March, the market entities in the whole province had amounted to 6.076 million, increasing 631,000 more than the same period of last year, with a year-on-year growth of 11.6% and a ring growth of 1%. Newly registered market entities reached 244,000, increasing 8,000 more than the same period of last year, with a year-on-year growth of 3.4%. Among them 95,000 were newly registered enterprises, increasing 14,000 more than the same period of last year, with a year-on-year growth of 16.7%.

According to the statistics, the total number of registered market entities reached 6 million for the first time, of which the registered enterprises first broke through 2 million, about 1,074 entities for each 10,000 people, ranking the first in China.

In addition, a delightful change can be seen from the statistics: the increase of individually-owned businesses had slowed down, and incorporated enterprises had become the first choice in venture capital investment.

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