pancake to China · 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@lemmy.ml
arrow-up174arrow-down1external-linkChina's private sector has lost ground as state sector has gained share among top corporations since 2021www.piie.compancake to China · 2 months agomessage-square15fedilinkfile-textcross-posted to: sino@hexbear.netchina@lemmy.ml
Today they published a new report in the series. To my surprise, it includes a second chart with revenue-based data. Enjoy!
minus-squareRedCloudslinkfedilinkarrow-up20·2 months agoI was just wondering what the percentages were lately. Hot damn things are still going in the right direction!
minus-squareSoviet EntropylinkfedilinkEnglisharrow-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-squareRedCloudslinkfedilinkarrow-up5·2 months agoI didn’t miss that subtlety. Thank you for mentioning that!
I was just wondering what the percentages were lately. Hot damn things are still going in the right direction!
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!