Enterprise survey data show that in the first half of 2020, a total of 1557 Internet cafe related enterprises were newly registered, and 6487 were revoked or cancelled in the same period, which means that in the first half of this year, the net number of Internet cafe related enterprises decreased by 4930, and the industry as a whole showed a negative growth trend. Among them, February was the least registered month, and only 43 enterprises were registered nationwide in that month.
In fact, the decline of the Internet bar industry has already appeared. Since 2015, the registration volume of relevant enterprises has been declining for four consecutive years. In 2019, only 4467 new enterprises were added, which was the least new increase in the past decade. However, the sales volume of injection crane in the same period reached an amazing 14773, which was three times of the registered amount.
On the whole, up to now, there are 130000 Internet cafe related enterprises in China. From the perspective of regional distribution, Guangdong, Sichuan and Henan are the three provinces with the largest number of Internet cafe related enterprises in China. Among them, Guangdong Province ranks first in China with 10600 enterprises, Sichuan Province and Henan Province rank second and third respectively, with the number of about 10000.
Source of this article: Wang Fengzhi, editor in charge of Securities Times_ NT2541