Source: Yiwu sourcing agent Author: Gary Date: 2011-01-26
It was learned on January 10 from Zhejiang Administration for Industry & Commerce that since the economy of Zhejiang Province is on the mend, the confidence of enterprises is boosted and their endogenous power grows fast. By the end of 2010, there are more than 2.93 million market entities in Zhejiang province including enterprises and small individual businesses, the higheset since 1990.
Report on the Information of Market Entities of the Fourth Quarter of 2010 in Zhejiang Province lately released by Zhejiang Administration for Industry & Commerce shows that by December 31,2010, there are 2,934,494 market entities in Zhejiang in total, an increase of 7.59% compared with the end of last year. The number of registered enterprises is 779,582, a rise of 8.92%. Both of the above numbers hit a record high since 1990. Private enterprises, whose number reaches 632,980, up 12.78% compared with last year, are still an important part of market entities in Zhejiang, covering 84.26% of the total registered domestic enterprises.
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