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公私合营
gōng​sī​hé​yíng

joint state-private ownership

Definitions Defs Origin Strokes Stroke Words Sentences Sents
  1. 公私 gōng​sī
    public and private
    refers to both public and private matters, interests, or sectors; the state and the individual
  2. 合营 合營 hé​yíng
    to operate jointly
    to manage or operate a business together with a partner; a joint venture