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.
Electric cars in China
China's EV industry, led by BYD, drives job growth
Private companies account for 80% of new employment since 2019
EV maker BYD has added 470,000 workers since the end of 2019. (Photo by Yuki Nakao)
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