China: Business freedom

* indicates monthly or quarterly data series
 China

Business freedom index (0-100)

 Latest value 68
 Year 2024
 Measure points
 Data availability 1995 - 2024
 Average 56
 Min - Max 43 - 80
 Source The Heritage Foundation
The latest value from 2024 is 68 points, unchanged from 68 points in 2023. In comparison, the world average is 62 points, based on data from 175 countries. Historically, the average for China from 1995 to 2024 is 56 points. The minimum value, 43 points, was reached in 2006 while the maximum of 80 points was recorded in 2021. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
China - Business freedom - Recent values chart

Historical series
China - Business freedom - historical chart - 1995-2024




The Business Freedom index for China from The Heritage Foundation measures the ability to start, operate, and close a business. It reflects the overall burden of regulations and the efficiency of the government of China in the regulatory process.
Definition: The Business freedom index is based on 10 indicators, using data from the World Bank’s Doing Business study: Starting a business-procedures (number), time (days), cost (% of income per capita), and minimum capital (% of income per capita); Obtaining a license—procedures (number), time (days), and cost (% of income per capita); Closing a business—time (years), cost (% of estate), and recovery rate (cents on the dollar).

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 Related indicators Latest Reference Measure
 Property rights 47 2024 points
 Freedom from corruption 42 2024 points
 Fiscal freedom 8 2024 points
 Business freedom 68 2024 points
 Labor freedom 58 2024 points
 Monetary freedom 71.80 2024 points
 Trade freedom 74 2024 points
 Investment freedom 20 2024 points
 Financial freedom 20 2024 points
 Economic freedom, overall index 49 2024 index points
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