sī​fāng

private sector

Senses

私方 sī​fāng private sector

The portion of the economy that is not under direct state control

私方 sī​fāng private side

The private owners or interests in a joint state-private enterprise, as opposed to the state side 公方 gōng​fāng

References

antonym 私方/私方 公方/公方
antonym 公方/公方 私方/私方