China has 3.5 million private and non-govermental companies

According to the All-China Federation of Industry & Commerce, China has 3.5 million private, non-govermental companies:

China today has nearly 3.5 million such private companies, according to the All-China Federation of Industry & Commerce, a Beijing trade association. Revenues in the private sector skyrocketed from $5 billion in 1989 to $241 billion last year, accounting for 15% of China's gross domestic product.

For emphasis, please note their revenue increased from $5 billion in 1989 to $241 billion last year.