New market entities in Beijing up 17.64% in H1

Beijing registered 176,800 market entities in the first half of 2025, marking a year-on-year increase of 17.64%, the highest mid-year growth in the past four years. The surge was powered by strong momentum in producer services and the digital economy, according to the municipal market regulator.

In the first half, 10,900 new entities were established in the digital economy sector, representing a 53.92% year-on-year increase. Software development and information technology services grew by 190.72% and 40.59%, respectively, together contributing to 81.3% of the sector's overall growth.

Producer services also showed strong momentum. The sector added 106,100 new entities in the period, a rise of 18.49% year on year. Key drivers included R&D and technical services, business support, and information services, which together accounted for more than 80% of the sector's expansion. Several subfields, such as technology commercialization, consulting, and IT services, posted growth rates exceeding 30%.

Beyond the two leading sectors, eldercare and cultural industries contributed additional vitality. The city saw 81,400 new eldercare-related entities, a 22.5% increase. Notably, smart eldercare services rose 96.08% year on year.

Cultural and related industries registered 20,400 new entities, nearly 70% of which were in content creation. Cultural investment and operations saw the fastest growth, up 103.56%.