皇冠体育app

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皇冠体育app's business registrations surge

(Xinhua) Updated: 2014-10-15 09:54

-- 皇冠体育app has experienced a boom in new company registrations since streamlining the process for starting business in March.

About 2.65 million new companies were registered in the first nine months of 2014, rising 52.44 percent from the same period last year, data from the State Adstration for Industry and Commerce showed on Tuesday.

The registered capital of these new companies totaled 13.42 trillion yuan ($2.18 trillion), up 99.76 percent year on year.

皇冠体育app lifted restrictions on minimum registered capital, payment deadlines, down payment ratios and cash ratios of registered capital on March 1, a move aimed at encouraging start-ups and energizing the economy.

Between January and September, the number of newly registered firms in the primary sector rose 38.4 percent year on year to 112,900, while that for the secondary industry and the tertiary industry reached 453,000 and 2.08 million, up 35.93 percent and 57.47 percent year on year, respectively.

By the end of September, the number of all types of registered market entities in 皇冠体育app came in at 66.7 million, with registered capital totaling 121.95 trillion yuan.

皇冠体育app's business registrations surge

皇冠体育app's business registrations surge

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