guān​sī​hé​yíng

joint state-private ownership

  1. official
    government official; officeholder; bureaucrat; (bound form) belonging to the government; official; public; state-owned
  2. nounadjective
    private
    (bound form) personal; private; belonging to an individual rather than the public or government
  3. to operate jointly
    to manage or operate a business together with a partner; a joint venture