gōng​sī​hé​yíng

joint state-private ownership

  • created sense approved 公私合营/公私合營 · gōng​sī​hé​yíng · joint state-private ownership — "Initial import from upstream dictionary"

    公私合营 / 公私合營

    gōng​sī​hé​yíng

    joint state-private ownership

    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

    公私 (literal) → 公私 · gōng​sī · public and private 合营 (literal) → 合营/合營 · hé​yíng · to operate jointly

    Changed: simplified, traditional, gloss, definition, pinyin, variant pinyin, variants, separable parts, decomposition

    created sense