Market entities grow steadily in Wudang

Since the beginning of this year, Wudang district in Guiyang, capital of Southwest China's Guizhou province, has reduced start-up time for market entities and improved the facilitation of start-ups, helping market entities grow steadily.

From January to October this year, 4,373 new market players of various types opened in the district, an increase of 8.54 percent year-on-year, and registered capital increased to 4.26 billion yuan ($665.67 million).

There were 1,249 new enterprises, 3,105 new individual industrial and commercial households, and 19 new specialized farmer cooperatives in the district, representing year-on-year increases of 6.95 percent, 9.41 percent, and 46.15 percent, respectively.