China sees 6 million new businesses

Some 6.063 million new business entities were established in China in the first quarter of 2025, according to data released by the State Administration for Market Regulation (SAMR).

Of the total, 2.1 million new enterprises, 3.949 million new individual businesses, and 14,000 new farmers' professional cooperatives were registered, reflecting stable growth across various types of business entities.

During the period, 1.979 million new private enterprises were registered in the country, a 7.1 percent year on year increase, surpassing the average growth rate of the past three years.

As of March end, the total number of registered private enterprises in China exceeded 57 million, accounting for 92.3 percent of all enterprises in the country. This demonstrates the strong resilience of China’s private sector and individual businesses.

During the January-March period, new foreign-invested enterprises grew by 4.3 percent year on year.

Enterprises of various ownership types showed a positive development trend, indicating continuous improvement in market expectations and a notable increase in business investment confidence.

The industrial structure has continued to optimize. In the first quarter, 322,000 new business entities were established in the primary industry, 468,000 in the secondary industry, and 5.273 million in the tertiary industry. As of March end, there were 24.918 million registered "four new economies" (new technologies, new industries, new business forms, and new models), a 6.2-percent year-on-year increase, accounting for 40.1 percent of all enterprises.