The State Administration of Market Supervision and Administration of China released data that the number of Chinese private enterprises has doubled from 2012 to 2022, and foreign -funded enterprises have increased by 51.5%.

According to China CCTV Network, the Municipal Supervision Bureau released data on Tuesday (October 11) that the number of private enterprises increased from 10.857 million households at the endTurning up; foreign -funded enterprises have increased from 441,000 to 668,000, an increase of 51.5%.The number of private enterprises currently accounts for more than 90 % of the total enterprise.

The Municipal Supervision Bureau said that even in the face of the severe and complex international and domestic environment in recent years, from the beginning of 2020 to August this year, private enterprises continued to grow, with a net increase of 11.847 million households, accounting for a net increase in the past ten years.The total amount is 1/3.

The Municipal Supervision Bureau said that the common development of many ownership companies in China has effectively promoted the continuous improvement of comprehensive national strength and global competitiveness, and fully demonstrated the advantages and vitality of the basic economic system of socialism with Chinese characteristics.The construction of a new development pattern and promoting high -quality development provides motivation.