State Administration for Market Regulation: As of the end of 2023, there were 124 million registered individual industrial and commercial households nationwide. The State Council Information Office held a press conference to stimulate the vitality of business entities and promote high-quality economic development.
Ren Duanping: Individual industrial andcommercial households are the largest number of business entity in my country and an important part of the private economy. They play an important role in stabilizing growth, promoting employment, and benefiting people's livelihood.