People’s Daily recently reported on the newly released, "The China 500 Development Report 2012," which was based on research that the Chinese Entrepreneur Survey System had done. The results showed that 74.2 percent of the entrepreneurs expressed concern about the heavy taxes China has today. Around 30 percent of the entrepreneurs surveyed would, if given a second chance, rather not be an entrepreneur. The report also demonstrated that there were significantly more companies this year that suffered a negative profit growth rate.
Source: People’s Daily, March 10, 2013
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