China’s number of automobile-related enterprises registered 15.99% MoM growth in April

Data from Tianyancha Professional Edition shows that the total number of registered enterprises in China that includes “auto parts, auto manufacturing and auto sales” has grown rapidly since 2013, and the growth rate reached a peak of 22.81% in 2017.
The growth rate has slowed in the past two years, but it has remained above 16%.

Data from Tianyancha Professional Edition shows that the total number of registered enterprises in China that includes “auto parts, auto manufacturing and auto sales” has grown rapidly since 2013, and the growth rate reached a peak of 22.81% in 2017.

The growth rate has slowed in the past two years, but it has remained above 16%.

It is worth noting that in April 2020, a total of 9,972 such enterprises were newly established in China, an increase of 15.99% from the previous month.

Judging from the existing enterprise data, there are currently 526,000 automobile production and marketing related companies in China, with limited liability companies accounting for nearly 90%.

In addition, commercial registration data shows that as of May 19, China has established a total of 12,000 new business areas from January to April 2020, including “new energy vehicles, electric vehicles, plug-in hybrid vehicles, fuel cell vehicles.” New energy vehicle companies.

This is an increase of 13.8% year-on-year from 2019.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/20/china-s-number-of-automobile-related-enterprises-registered-15-99-mom-growth-in-april/.

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