bāo​gān​zhì

system of payment in kind

Senses

包干制/ 包乾制 bāo​gān​zhì system of payment in kind

A system used in early PRC history where personnel were provided with daily necessities plus a small amount of cash rather than a full wage

包干制/ 包乾制 bāo​gān​zhì responsibility system

An economic system where a unit or individual is held responsible for their own profits and losses after fulfilling a fixed quota for the state

References

No references for this word.