Women represented 46 percent of China’s workforce, with much of the turnaround attributed to aggressive retraining. The feminization of agriculture offered rural women the opportunity to produce cash crops and cater to a growing influx of tourists.
Chinese women entrepreneurs tend to hire other women. As a result, 60 percent of the workforce in women-owned businesses are women. Fifty-six percent of women entrepreneurs had a college degree.
Close to one-third of women-owned businesses had ongoing research and development relationships with scientific institutions and universities. An astonishing 96 percent of women-owned businesses were profitable.
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