Mainland entrepreneurs sparking boom in startups

A favorable climate for entrepreneurship has boosted startup activity in China, though the quality of business creation still needs to be improved, according to a study by the National Survey and Research Center at Renmin University of China.

According to the research, which studied startup activities in 21 Chinese cities last year, the number of startup businesses per 100,000 people far surpassed the equivalent figures in the United States.

For instance, the coastal city of Zhuhai in Guangdong province ranked No 1 with 2,822 new businesses created per 100,000 people last year, while in Miami, the top US city, the figure was 247.6.