the number of new economy start-ups in China grew rapidly and reached the peak
From 2011 to the end of 2020, there were 130,000 new economy companies in China.From 2011 to 2015, new economy start-ups grew year by year. Under the call of "mass entrepreneurship and innovation" of the government in 2013, the number of new economy start-ups in China grew rapidly and reached the peak in 2015. In 2015, 25,919 new economy companies were created in China.