承办 chéngbàn to undertake
to undertake; to accept a contract
How to remember 承办: 承 to undertake + 办 manage = to undertake.
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How it is used
- To undertake / host (an event, project, contract): 承办奥运会 (chéngbàn Àoyùnhuì) to host the Olympics, 由本公司承办 (undertaken by our company).
- Formal; taking on responsibility to organize or execute something.
- Distinguish from 举办 (jǔbàn, to hold/stage an event); 承办 emphasizes being the one contracted to carry it out.