Development Opportunities of China's Private Enterprises in the New Era
Authors
Bi-Gang Hong
Corresponding Author
Bi-Gang Hong
Available Online July 2019.
- DOI
- 10.2991/icmesd-19.2019.63How to use a DOI?
- Keywords
- Opportunity, Private MSMEs, New Era, Blockchain, One Belt And One Road Initiative.
- Abstract
Since the reform and opening up in 1978, China's private economy has grown from nothing, from small to large and strong, and now has accounted for more than half of China's economy. In this article, the author predicts a promising future for the private sector based on three judgments. First, Top-level design and relative legislation can fill the confidence; second, New innovation like blockchain facilitates operation costs; thirdly, One Belt and One Road initiative opens a much larger market.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Bi-Gang Hong PY - 2019/07 DA - 2019/07 TI - Development Opportunities of China's Private Enterprises in the New Era BT - Proceedings of the 5th Annual International Conference on Management, Economics and Social Development (ICMESD 2019) PB - Atlantis Press SP - 417 EP - 421 SN - 2352-5428 UR - https://doi.org/10.2991/icmesd-19.2019.63 DO - 10.2991/icmesd-19.2019.63 ID - Hong2019/07 ER -