Entrepreneurshipin China: Progress and Challenges

David Ahlstrom and Zhujun Ding

Chapter Chapter One in Developments in Chinese Entrepreneurship, 2015, pp 1-32 from Palgrave Macmillan

Abstract: Abstract The People’s Republic of China (PRC) enjoys a growth rate that has averaged around 8% annually for over three decades. Recently founded private enterprises are increasingly an important part of that steady economic development as there are estimated to be about ten million such enterprises in China supplying a majority of the country’s employment (China News, 2013; Huang, 2008). Moreover, there is evidence that private small and medium-sized enterprises (SMEs) played an important role in China’s economic growth earlier on the twentieth century as well (Huang, 2011; Rawski, 1989).

Keywords: Small Business; Venture Capital; Capital Structure; Private Equity; Chinese Communist Party (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-41250-8_1

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DOI: 10.1057/9781137412508_1

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