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Majority of urban Chinese want private sector jobs

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Majority of urban Chinese want private sector jobs

A majority of urban Chinese prefer to work in private companies.

New Delhi, Oct.6 : A majority of urban Chinese prefer to work in private companies.

According to a Xinhua report, the number of employees in non-public businesses has risen by almost 11 million annually between 2002 and 2006.

National Bureau of Statistics (NBS) figures reveal that in these four years, 43.9 million urbanities found jobs in non-public sectors, including 16.9 million in foreign-funded firms and companies invested by business people from Hong Kong, Macao and Taiwan, and 27 million in other forms of private firms.

Meanwhile, the number of people working in state-owned and collective-owned enterprises declined by 10.7 million in the same period.

By the end of September this year, China's private enterprises employ 120 million people, up 9.5 percent over September 2006.

ANI

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