Abstract: To fully understand the living conditions of Chinese private entrepreneurs, this paper selects the index of life satisfaction and uses the data of Chinese entrepreneurs living environment survey to carry on a regression analysis of the factors affecting life satisfaction of private entrepreneurs in China. Based on the analysis results, a series of measures are put forward to improve the living conditions of private entrepreneurs, for example, reducing government intervention, enhancing policy fairness and market openness, strengthening publicity and expedite legislation, and protecting the rights and interests of entrepreneurs.