Definition
私营 (sī yíng) describes a business or enterprise that is privately owned and operated, as opposed to state-owned. It overlaps with 民营 (mín yíng, 'privately run'), but 民营 emphasizes nongovernmental/people-run origin, while 私营 stresses private ownership. 私立 (sī lì) is for institutions like schools or hospitals, not companies.
adjective
privately-ownedprivate
Examples
- 私营。Zhè jiā sī yíng gōngsī chénglì yǐjīng shí nián le.This private company has been established for ten years.
- 私营。sī yíng qǐyè de xiàolǜ wǎngwǎng bǐjiào gāo.Private enterprises are often more efficient.
- 私营。Tā juédìng bǎ gōngchǎng zhuǎn wéi sī yíng jīngyíng.He decided to convert the factory to private operation.
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