Number of private enterprises in China tops 57 mln: top market regulator

Apr 22, 2025 12:46:59 AM
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Number of private enterprises in China tops 57 mln: top market regulator

(Xinhua) 13:16, April 21, 2025

BEIJING, April 21 (Xinhua) -- The number of private enterprises in China exceeded 57 million by the end of March, accounting for 92.3 percent of the total tally, official data showed Monday.

In the first quarter, the number of newly established private enterprises in the country reached 1.979 million, marking an increase of 7.1 percent year on year and surpassing the average growth rate of the past three years, according to the State Administration for Market Regulation.

(Web editor: Zhang Kaiwei, Liang Jun)

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