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Registered capital of China's private enterprises exceeds 11.7 trl yuan
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15:52, May 12, 2009

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Data from the State Administration for Industry and Commerce of China indicates that at the end of 2008 there were 9.7146 million enterprises in China, 99 percent of which were small and medium-sized businesses. Private enterprises numbered 6.5742 million, with a total registered capital of 11.74 trillion yuan.

There were 29.1733 million self-employed household employers, with a total capital of 900.597 billion yuan and an average capital of 30,900 yuan. There were 110,900 special rural cooperatives, with a total capital of 88.016 billion yuan.

By People's Daily Online

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