Language: English | Chinese
Sat,Mar,30,2024
Home About Zhongshan News Business CULTURE & EDUCATION Services
HOME > Business >Investment Climate > Zhongshan adds over 30,000 market entities annually
Zhongshan adds over 30,000 market entities annually
Updated: 2020-10-21    Source: Zhongshan Daily Large Medium Small Print

Fashion Kun Online Celebrity Culture Media Co Ltd opened on the morning of October 15. Its founder, Fashion Kun, is an online celebrity with more than 300,000 followers on Tik Tok. He thought that now is a favorable time to start a business because of the usefulness of online short videos. His vision soon was realized thanks to the current convenience of business registration.

During the Thirteenth Five-Year period (2016-2020), Zhongshan has seen its highest growth of market entities: at the end of 2015, there were 296,400 market entities in Zhongshan. One year later, the number increased to 327,000; there were 350,800, 382,700 and 421,100 market entities respectively at the end of 2017, 2018 and 2019, with an average net growth of over 30,000 market entities per year.

As of the end of this August, a total of 447,900 market entities of various types have been registered in Zhongshan, up 10.34% from last year; involving a registered capital of approximately 766.18 billion yuan, up 11.16% from last year.

During the Thirteenth Five-Year period, Zhongshan continues to promote the reform of the commercial business system. At present, the average time it takes for the entire process of starting a new business has been reduced to 1 working day, and it can be completed within half of a working day at the quickest.

About Zhongshan News Business Culture Services

Copyright © 2018-2019 Zhongshan Daily Newspaper Group. All rights reserved. Presented by zsnews.cn