Baiyun adds 1,525 new market entities in Q1

A total of 1,525 new market entities were added in Baiyun district in Guiyang, capital city of Southwest China's Guizhou province, in the first quarter of 2023, including 466 new enterprises and 1,059 new individuals, according to local media reports.

At present, there are 41,546 market entities in the district, an increase of 12.29 percent year-on-year. The total number of enterprises has reached 14,634, and the number of corporate legal persons accounts for 35 percent of the market entities, an increase of 11.72 percent year-on-year.

The district has taken multiple measures to strengthen its services for enterprises and facilitate the high-quality development of the private economy.

It has optimized its government service environment, as well as promoted the registration services for private enterprises.

Relying on internet platforms, the district's market supervision bureau has fully implemented a "one-stop service" for Guizhou's government affairs network.

Applicants only need to log in to one platform to access business license application, seal engraving, invoice application, employee medical insurance and social insurance registration, housing provident funding, enterprise deposit registration, and bank account opening.

Excluding the opening of bank accounts, the district has realized the "zero cost" registration of the other six links.