Proceedings of the 5th Annual International Conference on Management, Economics and Social Development (ICMESD 2019)

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/).

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Volume Title
Proceedings of the 5th Annual International Conference on Management, Economics and Social Development (ICMESD 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
July 2019
ISBN
10.2991/icmesd-19.2019.63
ISSN
2352-5428
DOI
10.2991/icmesd-19.2019.63How to use a DOI?
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  -