China’s private sector has become much larger than in years past - from ~2% of the economy in the 1980s, to ~20% in the late 1990s, to a majority now (though there’s some quibbling as to the exact numbers).
“Public sector of the economy as proportion of GDP” is “Government expenditure, percent of GDP” (what you linked) + State Owned Enterprises (public corporations owned by the country) so it’s a little bit different.
In my previous comment I though you’re misusing the term public sector to mean only SEO (as is commonly done), that’s why I asked for source.
The source you linked, while good, is only showing government expenditure without SEO, so it does not cover your original claim though. Unless in the original comment you did misuse public sector to mean only government expenditure?
https://www.imf.org/external/datamapper/exp@FPP/USA/JPN/GBR/SWE/ITA/ZAF/IND/CHL/FRA/GRC/NLD/ESP/RUS
China’s private sector has become much larger than in years past - from ~2% of the economy in the 1980s, to ~20% in the late 1990s, to a majority now (though there’s some quibbling as to the exact numbers).
“Public sector of the economy as proportion of GDP” is “Government expenditure, percent of GDP” (what you linked) + State Owned Enterprises (public corporations owned by the country) so it’s a little bit different.
In my previous comment I though you’re misusing the term
public sectorto mean only SEO (as is commonly done), that’s why I asked for source.The source you linked, while good, is only showing government expenditure without SEO, so it does not cover your original claim though. Unless in the original comment you did misuse
public sectorto mean only government expenditure?