China’s individual businesses rising steadily

%3CP%3E%3CFONT%20face%3DVerdana%3EChina%27s%20individually%20owned%20businesses%20have%20seen%20a%20steady%20increase%20in%20terms%20of%20number%2C%20business%20scale%20and%20contribution%20to%20the%20economy%2C%20an%20official%20has%20said.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EOnline%20postings%20have%20recently%20claimed%20the%20number%20of%20such%20businesses%20was%20dropping%2C%20provoking%20worries%20about%20their%20current%20state%20and%20future%20development.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%22China%27s%20individual%20businesses%20have%20maintained%20the%20momentum%20of%20rapid%20and%20steady%20growth%20since%20the%20launch%20of%20reform%20and%20opening-up%20policy%20in%201978%2C%22%20Ma%20Fu%2C%20head%20of%20the%20private%20economy%20regulation%20department%20under%20the%20State%20Administration%20for%20Industry%20and%20Commerce%20%28SAIC%29%2C%20was%20quoted%20by%20People%27s%20Daily%20on%20Tuesday%20as%20saying.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EThe%20number%20of%20individuals%20who%20started%20businesses%20rose%20from%20140%2C000%20in%201978%20to%2037.56%20million%20in%202011%2C%20representing%20an%20average%20annual%20growth%20rate%20of%2018.5%20percent%2C%20according%20to%20data%20from%20the%20SAIC.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%22Individual%20businesses%20play%20a%20significant%20role%20in%20creating%20jobs%2C%20increasing%20fiscal%20revenue%2C%20facilitating%20people%27s%20daily%20lives%20and%20promoting%20social%20stability%2C%22%20Ma%20said.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EBy%20the%20end%20of%202011%2C%20individually%20owned%20businesses%20provided%20a%20total%20of%2079.45%20million%20jobs%20and%20had%20a%20total%20registered%20capital%20of%201.62%20trillion%20yuan%20%28255.48%20million%20U.S.%20dollars%29.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%28Xinhua%20net%29%3C/FONT%3E%3C/P%3E