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China - Number of New Business Registrations and Bankruptcies 286,640

World Bank WDI · updated 2026-10-15 · 183 economies tracked

Latest value

286,640 (2024)

Global rank

##5 of 183 economies

vs global median

23.7×

Growth since 2008

3.99×

Ranking Race — Number of New Business Registrations and Bankruptcies

1 = global #1 · higher value ranks higher

#1#3#5#7#9#1120062011201620212024#12#52016 overtook Australia2020 overtook Russia
ChinaBrazilUnited KingdomSouth AfricaAustralia

Real annual global ranks, 2006 - 2024. China climbed from #12 to #5 (overtook Australia). Gaps in a lane = missing data that year.

Key events for China ↓

Key Events — China

Auto-detected from rank data + curated milestones

2010
World's second-largest economy curated

GDP overtakes Japan to become the world's second-largest economy.

2015
Stock market turbulence curated

Sharp equity market swings and currency pressure test the economy.

2016
Overtook Australia in global rank auto
2020
Overtook Russia in global rank auto

Number of New Business Registrations and Bankruptcies, 2008-2024

World Bank WDI · Number · linear scale · ranking in the race above
2008201320182023202471,783170,844269,904368,965

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