In China, a new economic stratum holding or directly operating economic resources is growing rapidly in strength. According to reliable background information, there are about 75,000,000 persons in this new China economic stratum, who hold or manage approximately RMB 10,000,000,000,000 of capital. The new China economic stratum is made up chiefly of personages of the economy of nonpublic ownership and intellectuals in professions of their own free choosing. They are scattered with relative concentration in new China economic organizations and social organizations, showing a tendency to increase in number speedily. According to the estimate and indirect calculations made by the quarters concerned, the number of persons in the new China economic stratum is in the vicinity of 75,000,000.
The background information points out that the new China economic stratum is an important propelling force in the economic growth of China. Those people who are in it hold or manage a total amount of capital to the tune of RMB 10,000,000,000,000. They contribute directly or indirectly one third of the tax revenue of the nation, 40% of the total amount of import and export business, and 69% of the volume of publication and issuance. Private enterprises run by individuals account for more than one third of China¡¯s GDP, reaching as high as over 80% in a part of the regions. It has been predicted that the economy of non-public ownership will account for 50% of the national tax revenue in the year 2010.
The new China economic stratum is the powerful promoter of China¡¯s independent innovations. Since the implementation of the policy of reform and opening to the outside world, roughly 70% of the technical innovations, 65% of the patents for domestic inventions and over 80% of the new products have come from the medium-sized and small enterprises, of which more than 95% are enterprises of non-public ownership.
Last year (2007), among the total number of 53 enterprises of high and new technologies at the national level in the Open Economic Zones, and among the enterprises of high and new technologies affirmed by the Government, the privately run ones accounted for over 70% and over 80% respectively.
Apart from all this, the new China economic stratum is an enthusiastic participant in the endeavour to build China into a harmonious society. At the end of last year 16,244 projects had been implemented, which aimed chiefly at carrying out the honorable undertaking of helping the poor to have the opportunity of learning skills and having work to do---an undertaking initiated by personages of the economy of non-public ownership. The promised funds actually paid in had run up to RMB 133,700,000,000 plus; more than 3,870,000 persons had received training; and more than 7,870,000 persons had been thus helped to shake off poverty. Of the 760,000,000 persons who had got employment, those who had been absorbed by private enterprises accounted for over 90% of all people who had got jobs.
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