(MENAFN) Private companies reached over 12 million companies in China at the end of 2013, or 15.5 percent higher than in 2012, according to Qatar News Agency
The All-China Federation of Industry and Commerce reported that registered capital of the companies was estimated at USD6.4 trillion during the twelve-month period, or 26.4 percent higher year-on-year
Over 60 percent of the country's gross domestic product was of its private businesses in 2013
China's e-commerce transactions were estimated at USD1.6 trillion, and its online retail sales reached USD300 million in 2013
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