What the numbers mean
Manufacturing remains the largest contributor to new company registrations, but services such as software, logistics, and financial leasing have accelerated over the past five years. The majority of newly established companies fall below RMB 5 million in registered capital, yet even small entities can play a critical role in global supply chains.
For due diligence, these statistics highlight why verifying the legal entity is essential. Multiple companies may share similar English names or addresses, and some dormant registrations are still used to accept payments. Always request the official business license and USCC before wiring funds.
Need help navigating the data? Continue with our guide on how to check a Chinese company or order a China company report.