joint public-private operation; specifically refers to the state-capitalist system used in China during the mid-1950s to transition private businesses into the socialist economy

to give due consideration to both public and private interests; to take care of both the interests of the state or collective and the individual

advantageous to both public and private interests; beneficial for the state and the individual

to maintain a clear distinction between public and private matters; to be scrupulous in separating one's official duties from personal interests