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flag China reports over 57 million private enterprises, marking a 7.1% rise in new businesses this year.

flag By the end of March, China reported over 57 million private enterprises, accounting for 92.3% of all businesses, with 1.979 million new businesses established in the first quarter, a 7.1% increase from the previous year. flag The digital economy sector saw a significant boost with 274,000 new firms. flag These figures highlight the robust growth and government support for the private sector in China.

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