Sanya sees 5,485 new market entities in Jan-Feb

The city of Sanya has seen the creation of 5,485 new market entities in the first two months of this year, a year-on-year increase of 112 percent, according to the Sanya administration for market regulation.

Among them, there were 3,689 new enterprises, up 173 percent year-on-year, and 1,796 new self-employed businesses, up 50 percent year-on-year.

It takes just two work days to complete business registration in Sanya, including two procedures. This is a result of the implementation of "e-registration", which enables people to start enterprise registration online and apply for a business license, seal and invoice at the same time at a special "all in one" window in the government affairs hall.