Chinese School - China has more private business owners

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China has more private business owners

www.chinanews.cn 2005-02-04 15:20:40

Chinanews, Feb. 3 - Results of the 2004 national survey on private
enterprises were released by the Chinese authorities on February 3.
According to statistics that China News had obtained earlier, the
country's private enterprises showed a trend of rapid expansion and were
becoming more closely connected to the mainstream society.
This authoritative survey was the sixth of its kind. It showed that by
the end of the first half of 2004, there were 3.34 million registered
private enterprises in China, an increase of 1.31 million over 2001.
Areas with the most rapid development and largest number of private
enterprises were mainly located in the eastern coastal region. In
particular, Jiangsu, Guangdong, Zhejiang, Shanghai, Shandong and Beijing
took the top six spots, with over half of China's private companies.
Currently in full expansion, private companies are growing pluralistic in
main industrial sectors while emerging in many other sectors as well due
to easier market access. In addition to the rapidly increasing proportion
of those in new sectors such as social services as well as scientific
research and technology, 4% of private firms are in education, culture,
health and sports, and 1.6% are in public utilities such as electricity
and gas. Moreover, headquarters and production bases are gradually moving
from rural and suburban areas to large cities.

E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649

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Reproduction in whole or in part without permission is prohibited.
Disclaimer: viewpoints in the website do not represent China News Service

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