Brill’s Encyclopedia of China

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Private Economy
(1,410 words)

The term private economy, in contrast to public (state or collective) economy, refers to the sector that is based on the private property of one or more individuals. In contemporary China, this sector includes the registered private small, medium, and large companies, enterprises run with foreign capital, as well as private traders and craftsmen, but als…

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Heberer, Thomas, “Private Economy”, in: Brill’s Encyclopedia of China, Managing Editor English Edition: Daniel Leese. Consulted online on 29 November 2023 <>
First published online: 2008
First print edition: ISBN: 9789004168633, 20121018

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