Private capital is the current assets of private enterprises and the financial assets of families. Including private enterprises and individuals' funds and personal investment, as well as the personal investment of all citizens.

Private enterprises, referred to as private enterprises, companies or enterprise categories, refer to all non-public enterprises.

"Private" is a word with China characteristics. Private assets in a narrow sense refer to the private property of China citizens, excluding state-owned assets and foreign assets (assets owned by overseas owners). Therefore, private enterprises refer to all enterprises except state-owned enterprises, state-owned assets holding enterprises and foreign-invested enterprises in China, including sole proprietorships, partnerships, limited liability companies and joint stock limited companies. From the perspective of management and control rights of enterprises, limited liability companies and joint stock limited companies that contain a small part of state-owned assets and/or foreign-invested assets but do not have management and control rights can also be called "private enterprises".