State Administration for Market Regulation: 5.098 million new business entities were established nationwide in the first quarter, and the development of business entities is stable and improving.

On May 13, the General Administration of Market Supervision announced that in the first quarter of 2026, there were 5.098 million newly established entities in China. Among them, there were 2.074 million new companies and 3.014 million new individual businesses. The development of business entities is stable and positive, providing strong support for a good start to the national economy in the first quarter. The industrial structure continues to be optimized. In the first quarter, there were 229,000 new entities in the primary industry, 396,000 in the secondary industry, and 4.473 million in the tertiary industry. By the end of March, there were 26.848 million registered "new economy" enterprises nationwide, an increase of 6.8% compared to the previous year, accounting for 40.9% of the total number of enterprises. Manufacturing-related enterprises are upgrading. In the first quarter, high-tech manufacturing industries saw accelerated growth, with a 31.0% year-on-year increase in new entities in the "integrated circuit manufacturing" sector and a 15.7% increase in the "smart unmanned aerial vehicle manufacturing" sector. The "equipment manufacturing industry" is iterating at a faster pace, with 70,000 new entities established, including a 10.6% year-on-year increase in the "railway, shipbuilding, aerospace, and other transportation equipment manufacturing" sector. The foundation of the real economy continues to be solid and resilient. Service-related enterprises are expanding and improving quality. In the first quarter, there were 535,000 new entities in the high-tech service industry, including 8,064 new entities in the "inspection and testing services" sector, a 30.8% year-on-year increase, further solidifying the quality foundation for industry upgrading. There were 226,000 new entities in the "technology commercialization services" sector, a 7.56% year-on-year increase, facilitating the efficient conversion of new productive forces. Foreign investment enterprises continue to grow. In the first quarter, there were 16,000 new foreign-funded enterprises in the country, a 10.0% year-on-year increase. Investment was mainly concentrated in the "scientific research and technical services" and "culture, sports, and entertainment" industries, with growth rates of 16.9% and 15.0%, respectively, demonstrating the strong attraction of the Chinese market. Market supervision departments will focus on the development needs of business entities, continuously improve market access and exit systems, strengthen quality support and standard guidance, effectively maintain a fair and competitive market environment, and promote the construction of a unified national market in depth, contributing to a good start for the "15th Five-Year Plan".