pancake@lemmygrad.ml to China@lemmygrad.ml · 2 months agoChina's private sector has lost ground as state sector has gained share among top corporations since 2021www.piie.comexternal-linkmessage-square15fedilinkarrow-up174arrow-down10file-textcross-posted to: sino@hexbear.netchina
arrow-up174arrow-down1external-linkChina's private sector has lost ground as state sector has gained share among top corporations since 2021www.piie.compancake@lemmygrad.ml to China@lemmygrad.ml · 2 months agomessage-square15fedilinkfile-textcross-posted to: sino@hexbear.netchina
Today they published a new report in the series. To my surprise, it includes a second chart with revenue-based data. Enjoy!
minus-squareSoviet Entropy@lemmygrad.mllinkfedilinkEnglisharrow-up15·2 months agoimportant to note this is not the entire economy but just the top 100 firms. looking at things as a whole, the capitalist sector is about 60% of GDP and 80% of urban employment. https://news.cgtn.com/news/2024-01-07/Private-sector-development-to-keep-Chinese-economy-afloat-in-2024-1q8Vty953oY/p.html it’s still good news.
minus-squareRedClouds@lemmygrad.mllinkfedilinkarrow-up5·2 months agoI didn’t miss that subtlety. Thank you for mentioning that!
important to note this is not the entire economy but just the top 100 firms.
looking at things as a whole, the capitalist sector is about 60% of GDP and 80% of urban employment.
https://news.cgtn.com/news/2024-01-07/Private-sector-development-to-keep-Chinese-economy-afloat-in-2024-1q8Vty953oY/p.html
it’s still good news.
I didn’t miss that subtlety. Thank you for mentioning that!