Chinanews Client, November 10 (Xie Yiguan) On the 10th, Yang Hongcan, Director of the Registration Bureau of the State Administration for Market Regulation, said at a press conference that due to the epidemic, my country’s newly established market entities experienced a significant decline in the first quarter, with a year-on-year decrease 30.6%; in the second quarter, the increase was 15.9%; the increase in the third quarter was 19.2%.
While the overall increase in the number of new establishments, the main players in the cancellation and revocation market have declined to a certain extent.
In the first three quarters, a total of 7.797 million market entities were registered and cancelled nationwide, a year-on-year decrease of 7.9%.
The "exit wave" of market entities that the society was more worried and concerned about did not appear.