China's entities on rapid expansion

BEIJING: China's market entities registered fast growth in recent years, with the total number rising from 55 million in 2012 to 146 million at the end of July, said the State Administration for Market Regulation (SAMR).

In breakdown, the number of companies more than trebled to 46 million, while that of self-employed businesses reached 98 million, about 2.5 times the 2012 number, Zhang Gong, head of the SAMR, told a press conference Monday.