Zhongshan has over 500,000 market entities

As of September 30, 2021, the number of registered market entities in Zhongshan reached 501,238, involving a registered capital (fund) of about 917.557 billion yuan, up by about 11.05% and 18.77% respectively. The number of market entities and registered capital both reached a record high.

Private enterprises and individual businesses account for over 96% of the total market entities in Zhongshan, totaling about 191,000 and 291,500 respectively.

The registered capital (fund) of private enterprises, state-owned enterprises, collective enterprises and their holding enterprises and foreign-funded enterprises makes up nearly 99% of the total registered capital (fund). The registered capital (fund) of private enterprises was about 512.394 billion yuan, the registered capital (fund) of state-owned enterprises, collective enterprises and their holding enterprises was about 286.73 billion yuan, and the registered capital (fund) of foreign-funded enterprises was about 16.798 billion US dollars, accounting for 55.84%, 31.25% and 11.84% of Zhongshans's total registered capital respectively.

At present, the average time for the entire process of starting a business in Zhongshan has been cut down to 1 working day, and all kinds of matters related can be handled online.