Growth in Chinese Business Owners in Madrid, Spain Ranks Third

Growth in Chinese Business Owners in Madrid, Spain Ranks Third

The growth in Chinese business owners in Madrid, Spain ranks third. For the best immigration news, visit the official website of Worldway Immigration.

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According to Spanish media reports, the Madrid Association of Small Businesses statistics show that the number of Spanish immigration business owners in the region increased by 8000 from January to August, with the growth rate of Chinese business owners at 4.8%, ranking third.

Reports state that the number of immigrants in the Community of Madrid paying social security contributions fell by 1403 in August, bringing the total to 223138. However, according to statistics from the Association of Small Businesses, the number of Spanish immigration business owners has actually grown. From January to August of this year, the number of immigrant business owners in Madrid increased by 8000, and the number of immigrant business owners in August of this year increased by 6260 compared to the same period last year.

According to statistics from the National Federation of Self-Employed Workers (ATA), the Madrid region has added a total of 8073 immigrant business owners since January. Forty percent of these owners are Chinese or Italian, with the number of business owners from these two immigrant groups increasing by 1889 and 1321, respectively.

The fastest growth rate among immigrant business owners was seen in Italian owners, with an increase of 9.6%. Second place went to Dutch owners starting businesses in Spain, with a growth rate of 6.2%. Chinese owners followed with a growth rate of 4.8%, ranking third, while German owners saw a growth rate of 3.1%.

In contrast, the number of Colombian and Portuguese business owners fell significantly, with decreases of 3.1% and 0.1%, respectively.

According to statistics from the Union of Professionals and Self-Employed Workers (UPTA), the three regions of Madrid, Catalonia, and Valencia accounted for 77% of the total loss of immigrant labor nationwide. However, the Chinese labor force has shown growth in all regions, with the number of Chinese workers paying social security increasing by 237 in August, and an increase of over 3000 in the past six months.


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