[State Administration for Market Regulation: 15.502 million new business entities were established across the country from January to August] On September 24, reporters learned from the third quarter regular press conference of the State Administration for Market Regulation that from January to August, 15.502 million new business entities were established across the country. Among them, there are 6.001 million enterprises, 9.474 million individual industrial and commercial households, and 27,000 farmers' professional cooperatives. Thousands of business entities are competing to develop and build a solid foundation for the market economy. The industrial structure continues to be optimized. From January to August, 565,000 new operating entities were established in the primary industry, 1.149 million new operating entities were established in the secondary industry, and 13.788 million new operating entities were established in the tertiary industry. The service industry remains an important engine that attracts jobs, stimulates consumption, and promotes transformation. The rise of the “four new” economies is accelerating. New industries are breaking ground and growing, new business formats are iteratively updated, new models are vigorously emerging, and new technologies are deeply empowering. As of the end of August, there were 29.301 million "four new" economic enterprises registered across the country, a year-on-year increase of 5.4%, accounting for 44.0% of the total number of enterprises. The accumulation of innovative elements is accelerating, and the conversion of old and new driving forces is accelerating.