创办 chuàngbàn to establish
to establish; to found
How to remember 创办: 创 to establish + 办 manage = to establish.
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How it is used
- To found or start up an enterprise/institution - 创办公司 (chuàngbàn gōngsī) found a company; 创办杂志 (chuàngbàn zázhì) launch a magazine.
- Emphasizes the act of setting up and running something new (schools, firms, publications); near-synonym of 创建 (chuàngjiàn), but 创办 leans toward businesses and organizations you launch and operate.