Big data analysis on entrepreneurial environment of Guangxi released


On August 8, the Administration for Industry & Commerce of Guangxi released the big data analysis on the entrepreneurial environment of Guangxi of the first half year of 2017.

In the first half year of 2017, the average duration for market entities to complete their registrations and get their business licenses was 1.8 days, and in Nanning the average duration was 1.7 days, which was shorter than that of Guangxi.

In the first half year of 2017, there were 210,000 entrepreneurs in Guangxi at an average age of 37.8, 67% of whom were male and 33% of whom were female. Most entrepreneurs were at the age of 31 to 40.

According to statistics, the newly-established market entities in Guangxi reached 237,000 in the first half year of 2017, which meant that 1,900 new market entities were established for each working day, with a growth of around 10% from 1,720 of 2016.

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