China's business ecosystem is on fire! The country now hosts 188 million registered business entities as of September 2024, a 3.9% jump from last year, according to the State Administration for Market Regulation.
Breaking it down: 60.2 million are companies (up 6.1% YoY) and 125 million+ are self-employed businesses (up 3% YoY). Talk about hustle!
Why the surge? Pro-business policies aimed at boosting domestic demand and sparking innovation have lit up the market. Over 20.7 million new entities popped up in just nine months—proof that China's economy remains a global powerhouse.
Regional growth is balanced nationwide, and industries from tech startups to agriculture are seeing structural upgrades. Think avocado toast meets AI factories!
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The country now hosts 188 million registered business entities as of September 2024, a 3.9% jump from last year, according to the State Administration for Market Regulation. 
Tax Breaks Boost China's Small Businesses: Over…
