Sunday, March 30, 2008

China Private Sector

March 2008

China's private sector booms with registered capital totaling 10.1 trillion yuan (US$1.4 trillion) in 2007, an annual increase of 22.7 percent.

Chinese private sector includes private firms and self-employed households.

http://www.chinafair.org.cn/english/News/newsdetail.aspx?Id=22363


China's private enterprises employed 120 million people by September this year, up 9.5 percent from the same month a year ago, said a senior official on Saturday.

Last year China's industrial and commercial authorities helped 2.54 million unemployed people find jobs in the private sector and nearly half of the country's new graduates entered private firms.

(Xinhua News Agency September 16, 2007)

http://www.10thnpc.org.cn/english/China/224621.htm

Social organisations

In China, those third sector organizations registered with the government are called civilian organizations which include three categories, i.e., social organizations, non-commercial institutions, and foundations.

According to the 2003 Statistics Report on Civil Undertakings Development issued by the Ministry of Civil Affairs, by the end of 2003, there are 266,612 reregistered civilian organizations. Among them, there are 142,121 social organizations There are 124,491 non-commercial institutions in the end of 2003.

As for the employment in the third sector, there are about 3 million paid staff working at civilian organizations in the end of 2003.

http://www.asianphilanthropy.org/countries/china/size.html

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