Considering modern research on sustainable development, this article redefined the sustainable development of Chinese Private Enterprises scientifically. Referring the modern financial management theory, an evaluation model based on the ability to make profit, ability to reimburse, ability to grow and operate is constructed. We used principal component analysis to process the data from these 468 listed private companies of year 2008 to give the power, and for the first time we evaluated the sustainable development of these 468 sample companies.
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