Mr. Zhong is an editorial page writer for The Wall Street Journal Europe.

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This February, managing partner Forrest Zhong became an affiliate partner.

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Zhong Jiyin, an associate professor at the Chinese Academy of Social Sciences, predicts that this sector will constitute more than 60% of the economy within five years, employing 75% of the workforce.

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"The growing army of laid-off workers demands an expansion of the private economy, " says Zhong Pengrong, director of the Beijing Prospect Consultancy, an advocate of private enterprise.

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Zhong Dajun, head of an independent research institute in Beijing, wrote last month that the Yangtze delta was now more attractive to migrants thanks to measures aimed at ensuring they receive accident and health insurance and other benefits.

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Zhong Hua, chief financial officer of the publicly traded arm of China's Cnooc, said in an interview that the company's U.S. exposure will advance its technical know-how.

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