Published by ChinaMNC · Nanhu

Jiaxing Nanhu Airport Hits 1 Million Passengers: What It Means for Foreign Founders Setting Up in China

Jiaxing Nanhu Airport reached 1 million annual passengers in under a year, signaling stronger connectivity and business opportunities for foreign founders considering company registration in the Yangtze River Delta.

Jiaxing Nanhu Airport: A New Gateway for Foreign Founders in the Yangtze River Delta

On October 18, 2026, Jiaxing Nanhu Airport welcomed its one-millionth passenger of the year, just 291 days after starting operations on January 1. This milestone, typically taking 2-3 years for new regional airports, highlights the robust demand for air travel in Jiaxing and the surrounding Yangtze River Delta. For international founders, this rapid growth signals improved connectivity and a more business-friendly environment, making Jiaxing an increasingly attractive location for company registration in China.

What This Means for Your China Company Registration

The airport's expansion directly benefits foreign entrepreneurs by enhancing access to key domestic markets. With 20 passenger routes covering 19 destinations and 17 cities, including major hubs like Guangzhou and Shenzhen, Jiaxing is now better connected than ever. This connectivity supports frequent business travel, supply chain efficiency, and client meetings—critical factors when choosing where to establish your China entity. Whether you're considering a wholly foreign-owned enterprise (WFOE) or a joint venture, proximity to a growing airport can streamline your operations.

Jiaxing's Economic Strength: A Solid Foundation for Your Business

Jiaxing's economy is booming. In the first half of 2026, the city's GDP grew by 6.9%, leading the province, with industrial value-added up 9.6% and industrial revenue exceeding 1.6 trillion yuan, ranking sixth among prefecture-level cities nationwide. The city hosts 834,000 market entities, 96.9% of which are private, and 116 specialized markets, including nine worth over 10 billion yuan each. This vibrant private sector creates a dense network of suppliers, partners, and customers—ideal for foreign founders looking to tap into China's manufacturing and trade ecosystem.

How to Register a Company in Jiaxing: Key Steps and Considerations

Registering a company in Jiaxing follows the same general process as elsewhere in China, but the city's business-friendly policies and infrastructure can ease the journey. Here are the essential steps:

• Choose Your Entity Type: A WFOE is popular for foreign founders seeking full control. Alternatively, a joint venture with a Chinese partner may suit certain sectors.
• Company Name Approval: Submit your proposed name to the local Administration for Industry and Commerce (AIC) for approval.
• Registered Capital: Determine your capital contribution; while minimums vary by industry, Jiaxing's pro-business environment often allows flexible arrangements.
• Legal Documents: Prepare articles of association, shareholder agreements, and identification documents for all directors and legal representatives.
• Business License: Apply for the unified business license, which consolidates tax, customs, and other registrations.
• Post-Registration Filings: Complete tax registration, open a bank account, and register with the social security bureau if hiring local staff.

Jiaxing's local government offers guidance through service centers, and many procedures can be completed online, reducing administrative hurdles.

Tax and Compliance: What Foreign Founders Need to Know

China's tax system applies uniformly across regions, but Jiaxing's economic vitality means local tax authorities are experienced with foreign-invested enterprises. Key taxes include corporate income tax (25% standard rate, with reductions for small enterprises), value-added tax (VAT), and individual income tax for employees. Compliance requirements are strict: maintain proper accounting records, file monthly VAT returns, and adhere to annual reporting. Foreign founders should engage a local accountant or consultant to navigate these obligations.

Leveraging Jiaxing's Connectivity for Business Growth

The airport's success isn't just about passenger numbers; it's about the business ecosystem it supports. Business travelers constitute a loyal base, with high load factors even in off-peak seasons (85.1% in September). This reflects the frequent commercial interactions driven by Jiaxing's industrial clusters—wool sweaters in Puyuan, down jackets in Pinghu, and sweaters in Honghe. For foreign founders in manufacturing, trade, or services, this means easier access to suppliers, clients, and talent. The airport's focus on convenience—14 minutes from downtown, 5-minute check-in—saves valuable time for business trips.

Upcoming Route Expansions: More Options for Business Travel

Starting October 25, 2026, new routes will further enhance connectivity: China Southern Airlines will launch Jiaxing-Taiyuan-Urumqi, increase Jiaxing-Guangzhou to two daily flights, and Shenzhen Airlines will add another Guangzhou flight, offering three daily options. These additions cater specifically to business travelers with morning, afternoon, and evening departures, facilitating same-day trips and flexible scheduling—a boon for managing your China operations.

Why Jiaxing Should Be on Your Shortlist for China Registration

While Shanghai and Hangzhou are traditional favorites, Jiaxing offers a compelling alternative: lower costs, strong industrial support, and now, improved air links. The city's strategic location in the Yangtze River Delta, combined with its economic momentum, makes it a smart choice for foreign founders seeking to establish a presence in China. The airport's rapid growth is a testament to the region's potential, and the local government's focus on building a "most convenient airport" mirrors its broader efforts to create a favorable business environment.

Next Steps for Foreign Founders

If you're considering registering a company in Jiaxing or elsewhere in China, it's essential to work with professionals who understand local regulations and can guide you through the process. From entity selection to tax compliance, having the right support ensures a smooth setup and sustainable operations.

Call to Action: Foreign founders can contact ChinaMNC on WhatsApp / WeChat at +86 153 1898 8535 for help registering and operating a company in China.

This summary is based on information published by the relevant Chinese government website and is general information, not legal or tax advice.