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ZS has 127 market entities for every 1,000 people
Updated: 2020-01-14    Source: Zhongshan Daily Large Medium Small Print

The improvement of the business environment, such as the facilitation of starting new enterprises, the continuous improvement of intellectual property subsidies and incentive policies, has continuously stimulated enterprises' enthusiasm for innovation and creation.

By the end of December 2019, Zhongshan has a total of 421,100 registered market entities of various types, up 10.04% over the same period in 2018. The registered capital (fund) involved was 713.965 billion yuan, up 12.44% year on year.

Calculated according to the permanent resident population of 3.31 million, for every 1,000 people Zhongshan has 127 market entities, surpassing some provincial capitals. Internationally, in developed countries, every 1,000 people have about 50 market entities, and in partially developed countries, every 1,000 people have 20-30 market entities. According to this indicator, Zhongshan has surpassed the level of developed countries.

At present, all kinds of business of starting a new company in Zhongshan can be handled online. The average time for the whole process of starting a new enterprise is reduced to 1.47 working days.

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