SHANGHAI -- China's privately owned firms, especially those in the electric vehicle industry, have created jobs at a much stronger pace than their state-owned peers this decade, according to a survey of corporate data.
There were 30.57 million employed at roughly 5,400 companies listed on the mainland at the end of 2023, according to filings as of April 30. The number was up by 3.52 million people, or 13%, from 2019.
