By the end of the 1990s, the private economic sector in Communist China was producing what percentage of the Chinese economy's goods?

Question

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By the end of the 1990s, the private economic sector in Communist China was producing over ten percent of the gross domestic product. This was a significant increase from the 1970s when private business was virtually nonexistent. The Chinese government began to embrace market-oriented reforms in the 1980s, which allowed for increased private enterprise and foreign investment. This led to the growth of a thriving private sector in the 1990s, which helped boost the overall Chinese economy.

By the End of the 1990s, the Private Economic Sector