In the private sector, Chinese economic reform-driven.
When The Economist Web site Sept. 11 2015 reported that China's State enterprises, while the low efficiency and high debt burden, but in the private sector, China is ahead, with modern technology to produce better quality products and complete services over a private, which makes China play an important role in the economic development of China and become a force driving the reform of Chinese key economic.
Statistics indicate that the output current of the private sector, 90 percent share of China's total exports. In addition, the growth of investment from the private sector are higher than State enterprises and private companies to penetrate foreign markets more flexible and private sector enthusiasm will help China past sluggish economies.
McKinsey & Company is expected in the year 2020, China's middle class with revenues between $ 15000-33000. Per year will be proportional to 59 per cent, while the proportion in 2010 is just 8 percent.
All this. At the beginning of the month. September 2015 at the meeting the Minister of finance and the Governor of the Central Bank of the G20 group, Mr.Chiwoei. Minister of China, said China's policies under the stability and innovation service promotion, the importance of intellectual property to the private sector, China is showing an important role in the economic development of China and become a force driving the reform of Chinese key economic.