367,200 new firms set up in China in April


(MENAFN) New data showed that more enterprises were registered in China last month as the country eased access in order to push economic reform forward after its slowdown, Xinhua reported. Data released by the State Administration for Industry and Commerce showed that around 367,200 companies were established in April, higher by 20 percent than March. By the end of last month, the number of enterprises in China amounted to USD15.91 million, with registered capital hitting USD16.83 trillion. "The reform measures stimulated market vitality, as a new wave of business start-ups emerged," said vice president of China Society of Administrative Reform.


MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.