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Sat, Aug 9th 2008, 15:01

Li Yu, Zhejiang University, China, Bronze Contributor (15)

I have worked in a private enterprise in China. Its much higher efficiency, good flexibility and competitive compared to those state-owed enterprises impressed me deeply. There's are many small private enterprises in my city, they are specialized in import-export, espeially in export. However, owners of these companies usually over emphasize on maximizing the profit. Their employees cannot get a satisfied salary though they work very hard. Some of them don't have weekends, I mean many employees in those small-and medium-sized private-enterprises only have 4 days holiday per month. Some even don't have social insurance, and have to work over time offen. The population of China is so large that the competitiion in job market is terribly serious. Those private enterprises do contribute a lot in offering job opportunites , and stimulating the economy. Government should encourage , support, and guide properly these companies.