Huai'an China News and Events
The Registered Capital of Domestic Enterprises in Huai'an Reached 14 Billion Yuan in April
time:2020-05-21

The month April in 2020 witnessed the establishment of 2,564 domestic companies with the total registered capital of 1.4 billion yuan and 4,663 employees. A total of 984 enterprises completed their registration procedures in April, accounting for 38.38% of the newly established enterprises, with a growth rate of 19.71% on a month on month basis. The number of employees of these enterprises is 2091, accounting for 44.84% of the employees of the newly established enterprises, and the growth rate was 5.98%. These companies have 2,091 employees, taking up 44.84% of the employees of newly established enterprises, with a growth rate of 5.98% on a month on month basis. The registered capital of these enterprises is 5.358 billion yuan, accounting for 38.27% of the registered capital of the newly established enterprises, with a growth rate of - 7.19% on a month on month basis. The number of small and micro enterprises in health and social services increased, but the construction industry with the most substantial register capital saw a decline in the number of registered companies, with a growth rate of -16.2% month on month. This is one of the primary reasons for the decrease in registered capital in April. The top three industries with the largest number of newly-established enterprises are construction, wholesale and retail, leasing and business services, taking up 24.70%, 18.60% and 14.33% of the total registered companies respectively. The top three industries with the largest number of employees are construction, wholesale and retail, and manufacturing, accounting for 21.47%, 19.94% and 15.02% respectively. And the top three industries with the largest registered capital are construction, wholesale and retail, and manufacturing, accounting for 33.21%, 16.03% and 12.05%.