As of the end of the first quarter, the country’s registered self-employed businesses had reached 116 million, accounting for two-thirds of China’s total business entities, according to the State Administration for Market Regulation.
New self-employed businesses in the cultural, sports and entertainment sectors registered the fastest year-on-year growth of 39 percent in the first quarter, the regulator said.
The administration will take effective measures to promote the high-quality development of the businesses, it said.