Over 110 million in private enterprise

At the Symposium for the 20th Anniversary of China's Individual Laborers' Association on December 4, it was announced that at the end of September this year, there were 25.57 million individual industrialists and businessmen employing 50.45 million people, 2.2 and 2.9 time the number in 1986.

They have a combined registered capital of 634.51 billion yuan, 38.7 times the amount 1986. There are 4.8591 million private enterprises which employ 63.955 million people.

By People's Daily Online