During the 14th Five-Year Plan, the net increase in the number of Chinese enterprises amounted to almost 20 million.

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

BEIJING, Aug. 22 (Xinhua) — China has seen a net increase of nearly 20 million enterprises since the start of the 14th Five-Year Plan (2021-2025), the State Administration for Market Regulation said Friday.

As Luo Wen, head of the department, said at a press conference on the country's achievements during this period, since the start of the 14th Five-Year Plan, China's business environment has continued to improve, which has fully contributed to the increase in society's activity in establishing enterprises and starting businesses.

Over the five-year period under review, the country also saw an increase in the number of sole proprietors, with a net increase of 34 million, Luo Wen added. -0-

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