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. 12 (Xinhua) — China saw a steady increase in the number of non-state-owned enterprises and foreign-funded enterprises in the first half of this year, indicating improved market expectations and the country's growing attractiveness as a global investment hub, data from the State Administration for Market Regulation (SAMR) showed Tuesday.
According to the agency, about 4.35 million new non-state enterprises were founded in the first six months, which is 4.6 percent more than in the same period a year earlier. At the same time, the total number of newly registered companies with foreign capital was about 33,000. The increase in this indicator in annual terms was 4.1 percent.
In total, 13.28 million new business entities were created in the country during the reporting period.
Meanwhile, the country's industrial structure continued to improve, with the number of enterprises operating in new technologies, new business forms and models, and emerging industries increasing by 6.6 percent year-on-year to 25.36 million by the end of June, accounting for 40.2 percent of the total number of companies nationwide.
The growing global popularity of domestic intellectual property objects has led to explosive growth in the cultural sector. The number of newly registered enterprises in this area, as well as in the field of sports and entertainment, increased by 17.5 percent year-on-year in the first half of the year.
The GURR stated that it will continue to take the necessary steps to create a single national market, ensure fair competition and further optimize public services for enterprises in order to increase the viability of all market participants.
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