Hangzhou boasts 1 mln enterprises, ranking 4th in China
en.hangzhou.com.cn   2024-07-01 16:48   Source: hangzhou.com.cn

Hangzhou becomes the first sub-provincial city in Zhejiang and the fourth in China to boast one million enterprises.

Since reform of its commercial system, Hangzhou’s economy has flourished, with the number of enterprises surging to 960,000 over the past decade. It is estimated that, in October, the total number of market entities in Hangzhou will exceed 2 million, achieving the goal set in the government work report.

The department for market regulation is committed to deepening reform to enable enterprises to faster and better settle in Hangzhou.

Author: Text by Ye Lijiao  Editor: Ye Lijiao