China's Private Sector Divide: Tech Triumphs, Tradition Suffers A recent survey of Chinese entrepreneurs has revealed a widening gap within the country's private sector.
While technology firms continue to thrive on demand for cutting edge products and services like AI and semiconductors, traditional sectors are struggling to stay afloat.
The Beijing based Dacheng Enterprise Research Institute polled 79 medium and large sized private firms, finding that over 70% of respondents described their current business conditions as "difficult" or "very difficult.