Market Regulation Administration: 16.194 million new individual businesses established nationwide in 2025

On March 26, People’s Daily reported that recently, the State Administration for Market Regulation announced data showing that in 2025, there will be 16.194 million new individual businesses established nationwide, with overall development remaining stable, making a positive contribution to consumer prosperity, employment stability, and public services. The State Administration for Market Regulation will carefully formulate and implement the “14th Five-Year Plan” to promote the development of individual businesses, focusing on deepening precise support through classification and type, strengthening the cultivation of “distinctive, superior, and innovative” individual businesses, promoting the digital empowerment of platform enterprises, and striving to stabilize expectations, add vitality, and increase momentum for individual businesses.

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