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Private Firms Account for 90%+ of National High-Tech Firms in CN by End-2024: ACFIC
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The All-China Federation of Industry and Commerce (ACFIC) released the China Private Enterprises Social Responsibility Report (2025) today (23rd).

This report reveals that private companies made up more than 90% of all national high-tech enterprises in China by the end of 2024. Their share also exceeded 80% among "little giant" firms specializing in niche, sophisticated, and innovative fields, as well as among companies listed on the STAR Market.

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