摘要
CHINA＇s private enterprises quickly became the major driving force of the nation＇s eco- nomic growth when China first introduced its reform and opening-up policy in late 1978, and they have continued to play a massive part in its development for more than three decades. Since then, private enterprises have contributed to more than 50 percent of China＇s GDP growth and over 70 percent of new jobs.
The private sector is a major driving force behind China’s economic growth.The current global economic situation and certain policy hurdles,however,are making it di cult for the country’s smaller private businesses to stay afloat.
