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Entrepreneurship in China: Progress and challenges

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

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
Original languageEnglish
Title of host publicationDevelopments in Chinese Entrepreneurship: Key Issues and Challenges
EditorsDouglas Cumming, Wenxuan Hou, Edward Lee, Michael Firth
Pages1-32
Number of pages32
Publication statusPublished - 2015

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 1 - No Poverty
    SDG 1 No Poverty
  2. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  3. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

Keywords

  • China
  • Entrepreneurship
  • Developing economies

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