ABSTRACT
From China’s “public-private partnership” in 1956 to today, private business owners have experienced a process from “disappearance” to re-emergence. In the early days of reform and opening up, the social composition of Chinese entrepreneurs once became a hot spot of concern in society, and was accompanied by no small amount of controversy. Combining class differentiation with cohort, this chapter investigates what are the differences in social sources between big business owners, medium-size business owners and small business owners who started business in different time periods in China. It can be said that with the passage of time, the educational features of private business owners have been completely renewed. Among small business owners, the Communist Party of China membership decreased the probability of having experienced “job-hopping”, and this effect was even stronger among large business owners, similar in strength to the effect of membership in non-Communist parties.
