This is the question answered in the paragraph as it discusses the way China is able to grow and earn its money discussing the different ways its economy functions.
<u>IT shows that the private companies of China have taken a hold of different industries and have an effective hand in the different sectors of the workforce </u>making China one of the biggest economies in the world. The statement does not talk about any other question given here.
According to the paragraph that has been given here, it has been told how the Chinese economy is growing and leading to the development of the country.
According to the paragraph, the private sector which is operating in the country is leading to the development of the country, creating new jobs for the people and thus increasing the rate of the employment in the economy. This is the reason why the economy is growing.