As of the end of June 2008, China had 8.6 million domestic enterprises, 280,000 foreign-owned enterprises and 27.28 million small businesses (“individual industrial and commercial households”), according to a recent release by the China State Administration of Industry and Commerce.
Source: Xinhua, July 10, 2008
http://news.xinhuanet.com/newscenter/2008-07/10/content_8524946.htm