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Major figures from China's 4th economic census

Updated: Nov 21, 2019 Xinhua Print
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China on Nov 20 published the results of its fourth national economic census, which showed that the country's economic structure continued to improve between 2013 and 2018.

The following are major figures from the economic census:

-- China had 21.79 million legal units engaged in secondary and tertiary industries at the end of 2018, up 100.7 percent from the end of 2013.

-- The country had 18.57 million corporations in the secondary and tertiary industries at the end of 2018, of which, 98.8 percent were domestically funded companies, 0.6 percent were corporations with investment from Hong Kong, Macao and Taiwan, and 0.6 percent were foreign-funded enterprises.

-- The secondary and tertiary industries employed a total of 383.24 million people at the end of 2018, up 7.6 percent from the end of 2013.

-- At the end of 2018, the aggregate business capital in the secondary and tertiary industries reached 914.2 trillion yuan ($130.38 trillion). The secondary industry, which includes industrial and construction enterprises, accounted for 19 percent of the total assets, while the tertiary industry, or the service sector, accounted for the remaining 81 percent.

-- The country had 66,214 enterprises engaged in the strategic emerging industry with the annual revenue exceeding 20 million yuan each, accounting for 17.7 percent of the total large industrial enterprises.

-- The country had 33,573 large high-tech manufacturing companies by the end of 2018, increasing 24.8 percent from the end of 2013.

-- Major enterprises in high-tech manufacturing sectors spent 355.91 billion yuan in research and development in 2018, up 75 percent from 2013.

The economic census, one of China's major censuses of national conditions, investigates the development of the country's industrial and tertiary sectors to gain more insights into China's latest reform progress.

China's previous three other national economic censuses were conducted in 2004, 2008, and 2013, respectively.

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