(CQNEWS) Chongqing’s non-public enterprises would develop rapidly and strive to reach an average annual increase of 22%, according to the deputy minister of Chongqing Municipal United Front Work Department yesterday. 

　 The private economy is expected to account for 70% of the GDP of Chongqing and over 10 enterprises with sales more than 10 billion yuan will be fostered by 2012. 

　 The statistics show that the non-public economy in 2007 in Chongqing realized an industry added value of 226.56 billion yuan, 55.1% of the total of Chonging.  

　 In the next 5 years, Chongqing will build 10 enterprises with sales over 10 billion yuan, 20 enterprises with sales over 5 billion yuan and 50 enterprises with sales of 500-1000 million yuan. (Translated by Hu Zhenzhen, Fathom Language International)