2023 data shows China's economic vitality on the rise

China's business entities sustain vitality

China saw 15.15 million newly-registered business entities handling tax-related businesses during the January-November period of 2023, up 25.4 percent year-on-year, according to the State Taxation Administration.

The number of active taxpayers, those who issued invoices and reported income within the same year, reached 10.56 million households, a 3.1 percentage point increase year-on-year, indicating the sustained improvement in the vitality of China's business entities.