Small businesses take up 95.6% of Chinese firms
(Xinhua) Updated: 2014-12-16 14:28BEIJING -- China had 7.85 million small and micro-sized enterprises as of the end of 2013 in the industrial and tertiary sectors, accounting for 95.6 percent of the total, official data showed on Tuesday.
Employees at small businesses took up 50.4 percent of the total, according to results of a latest national economic census published by the National Bureau of Statistics (NBS).
Such firms owned 29.6 percent of Chinese companies' total assets, said the NBS.
- Cash crunch fans expectation on RRR cut
- US extends antidumping duties on China's thermal paper
- Modern food van with ancient look in Shanghai
- China home prices continue to cool in November
- Asia's top 3 billionaires all Chinese
- Old investment remedy the treatment for China's "new normal"
- China's solar sector opposes US anti-dumping ruling
- BMW to recall 846 cars in China
Hot Topics
Editor's Picks
