In China’s Criminal Law Code, bribery in the private sector stipulated in the United Nations Convention against Corruption refers to bribery of the staff in corporations or enterprises and bribery of people who bribe the staff in corporations or enterprises.

The bribery crime in the private sector has been stipulated in Article 21 of United Nations Convention Against Corruption,which includes giving bribes to any person who directs or works,in any capacity,for a private sector entity,and taking bribes by any person who directs or works,in any capacity,for a private sector entity.

Special attention is focused on the role played by the private sector.

The privately owned industrial and commercial enterprises in emperor Wudi period of Han Dynasty declined quickly because a series of institutional changes such as salt iron monopolization was put into operation.

A Thinking of Studying Privately-Owned Industrial and Commercial Enterprises in the Beginning Period of the Foundation of Our Country——Concurrently on the importance of researching Shanghai privately-owned industrial and commercial enterprises;

This paper holds that there are reasons accounting for the smooth socialist transformation of the privately-owned industrial and commercial enterprises in Xinjiang.