China’s private sector provides more than 160 million jobs
February 5th, 2011 - 1:25 pm ICT by ANINew Delhi, Feb 5 (ANI): China’s private sector now provides more than 160 million jobs, according to the State Administration for Industry & Commerce.
The country registered about 40 million private businesses amidst robust growth during the 11th Five-Year period (2006-2010), Xinhua reports.
The private sector has also employed about 7.87 million workers laid off from state-owned or collective enterprises in the past five years.
Individually operated businesses top 34.07 million, involving 1.27 trillion yuan (193.01 billion dollars) of registered capital and 69.82 million employees.
Private enterprises on the other hand topped 8.19 million with 17.73 trillion yuan of registered capital and 91.83 million employees, according to the administration. (ANI)
- China's industrial profit goes up in 2011 (Lead) - Feb 03, 2012
- Karnataka India's second preferred investment destination: Assocham - Jun 16, 2011
- Karnataka India's second preferred investment destination: Assocham (Lead, correcting name in para one) - Jun 16, 2011
- China releases list of top 500 private companies - Oct 12, 2010
- China's private sector provides 90 percent of jobs in 2010 - Jun 12, 2010
- Major Chinese industrial companies' profits drop - Mar 27, 2012
- China's rich building wealth in property - Dec 24, 2011
- China's industrial profit goes up in 2011 - Feb 03, 2012
- Jiangsu Group tops list of China's top-500 private companies (Lead) - Oct 12, 2010
- China unveils list of top 500 companies - Sep 04, 2011
- China to end state monopoly in banks - Apr 05, 2012
- China's IT industry sees revenue growth - Apr 09, 2012
- China's Q1 retail sales up - Apr 13, 2012
- Chinese banks lend $27 bn for low-cost housing - Jan 31, 2012
- Chinese banks post record profits - Feb 19, 2012
Tags: amp, billion dollars, china, collective enterprises, jobs, New Delhi, private businesses, private enterprises, private sector, registered capital, robust growth, state administration, trillion, xinhua, yuan