Briefly

Most business entities private in China

The number of private business entities in China exceeded 180.86 million by the end of September, accounting for 96.37 percent of the country's total business entities, the State Administration for Market Regulation said on Wednesday. Of the total, 55.54 million were private companies while over 125.32 million were self-employed businesses. A large number of private business entities are engaged in the services sector — in categories such as accommodation and catering, resident services, wholesale and retail trade, as well as transportation, storage and courier services, the administration revealed.

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