/ world today news/ The number of new business registrations in China increased during the first 11 months of the year. Thanks to the favorable government policies and the optimization of the business environment in the country, confidence in the market and the development of consumption are increasingly increasing.
More than 30.2 million new business entities were created in the January-November period, up 10.5 percent year-on-year. This is according to the latest data published by the General Directorate of Market Supervision on Wednesday.
New company registrations increased by 14.6% and self-employed registrations by 8.9%.
This year, Chinese business entities are developing steadily, demonstrating higher quality and increased capacity, experts from the General Administration of Market Supervision also commented.
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