私营 sīyíng privately-owned
privately-owned; private
How to remember 私营: 私 personal + 营 camp = privately-owned.
Characters
How it is used
- Privately operated / private-sector (of businesses) - 私营企业 (sīyíng qǐyè) private enterprise.
- Contrast 国营 (guóyíng, state-run). An economic term for privately managed firms; note 营 = run/operate a business.