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BEIJING, March 7 (Xinhuanet) -- Private economic sectors play a crucial role in promoting development of China's social productive force, said a member of the 10th National Committee of the Chinese People's Political Consultative Conference (CPPCC) in Beijing on Sunday.
Ren Wenyan, vice-chairwoman of All-China Federation
of Industry and Commerce (ACFIC), made the remarks in her report to the second
plenum of the ongoing CPPCC session on be half of ACFIC.
Non-public economic sectors contributed to more than
one third of China's GDP and more than 70 percent in some economic spheres in
2002 and, by the year-end, the private enterprises' registered capital increased
by 690 billion yuan year-on-year, 260 billion yuan more than the actual amount
of foreign capital utilized in the year, according to Ren. Taxes paid by the
non-public firms made up 43 percent and private investment over half the
national total in 2002.
A survey conducted by the Ministry of Labor and
Social Securityin 66 major Chinese cities in 2002 shows that 65 percent of the
laid-off workers from state-owned enterprises found jobs in private enterprises.
Since 2000, exports of private firms have been on the rise by an average of 150
percent annually.
Non-public enterprises have become a major
contributor to economic growth and tax revenues of many localities, playing a
unique role in building the socialist market economy and improving economic
environment, said the CPPCC member.
The Communist Party of China (CPC) has enshrined
private entrepreneurs as builders of socialism and a growing number of them
shifted their business mission from "making money" and "helping the family to
live a better life" to "dedicating business operations to the service of their
country," said Ren.
Entrepreneurs for the non-public sectors have
contributed approximately 50 billion yuan (about six billion US dollars) to the
Glorious Cause, a non-government poverty-alleviating organization, and helped
five million needy people to get out of poverty. Enditem | 
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