China Sees Steady Growth in Business Entities in 2024
China reports a 3.1% increase in registered business entities in 2024, marking continued economic growth and regulatory efforts to foster a fair market environment.
News & Insights Across Asia
China reports a 3.1% increase in registered business entities in 2024, marking continued economic growth and regulatory efforts to foster a fair market environment.
China’s market economy is thriving, with significant growth in private enterprises and continuous efforts to optimize the business environment, fostering high-quality development and attracting global investors.
Over 2,500 new outdoor sports enterprises were established in China in 2023, marking a 16.94% increase. Total enterprises now at 61,000, highlighting the country’s growing enthusiasm for outdoor activities.
China’s improving economy and shifting consumer trends are creating fresh opportunities as the domestic market recovers, says Ingka Centres China’s president.
As China shifts towards innovation-led growth amid global pressures, its small and medium-sized enterprises (SMEs) must adapt. Expert Christoph Loch shares insights on how SMEs can innovate and thrive.
Over 90% of German firms are “very committed” to China’s market, recognizing its significant growth potential, says Jens Hildebrandt of the German Chamber of Commerce in China.