By the end of 2023, there were 12.4 billion individual industrial and commercial households in China

Mondo Social Updated on 2024-02-01

Ren Duanping, director of the Registration Bureau of the State Administration for Market Regulation of China, revealed in Beijing on the 31st that by the end of 2023, there will be 12.4 billion households, accounting for 67 percent of the total number of business entities4%, supporting the employment of nearly 300 million people. 2,258 new individual industrial and commercial households were established throughout the year20,000 households, a year-on-year increase of 114%。

Ren Duanping introduced at the press conference held by the press office on the same day that individual industrial and commercial households are the largest number of business entities in China and play an important role in stabilizing growth, promoting employment and benefiting people's livelihood. The State Administration for Market Regulation continues to take effective measures to support and promote the healthy and orderly development of individual industrial and commercial households.

He introduced that the State Administration for Market Regulation has established a normalized communication and exchange mechanism with individual industrial and commercial households, and will work with 13 departments to build a diversified assistance mechanism, and carry out the second "National Individual Industrial and Commercial Household Service Month" activity in July 2023, and hold a symposium on individual industrial and commercial households2920,000 and 429 visits to individual industrial and commercial households630,000 households, coordinating to solve problem demands and practical difficulties17460,000 pieces.

With the joint efforts of all regions, relevant departments and all sectors of society, the overall development of individual industrial and commercial households across the country has been stable and improving, and the level of activity and revenue has achieved "double improvement". Ren Duanping said: "As the 'capillaries' of the industrial chain and consumption chain and the 'nerve endings' of the market, the stable development of individual industrial and commercial households has kept the fireworks in the streets and alleys, maintained the livelihood of hundreds of millions of families, and demonstrated the strong vitality and resilience of China's economy." ”

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