Civilian-run Enterprise
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Civilian-run Enterprise

Civilian-run enterprise[1] is a type of company or enterprise to describe a non-state-owned enterprise (state-owned enterprise including companies owned by the state, the central and regional government) in the People's Republic of China. A privately held company is a type of civilian-run enterprise. However, there is no proper legal definition of "civilian-run enterprise" in China. It is considered to be a special term in the Economy of China (Minqi (Chinese: ; pinyin: Mínq?) or Chinese: ?; pinyin: Mínyíng q?yè).[2] The translation of the term "Minqi" was difficult, as stated by Ye Dong, a Chinese businessman during an interview by the Chinese language version of the Financial Times.[3]

A civilian-run enterprise may be a publicly traded company or a privately held company (any company that is not owned by a government nor listed on the stock exchange). If the company is listed in Hong Kong (and incorporated outside mainland China), it would be referred to as a P chip.[4]

Notable civilian-run enterprises in China

References

  1. ^ "?""?" [A Study of Almost no Foreign Investment in Wenzhou Civilian-Run Enterprise Clusters]. Journal of Zhejiang University (Humanities and Social Sciences). 2005.
  2. ^ [How private[sic] enterprises raise finance in mainland China] (PDF) (in Chinese). Shenzhen Licheng Certified Public Accountants. February 2004. Archived from the original (PDF) on 17 October 2006.
  3. ^ ":". The Financial Times (in Chinese). 11 November 2010. Retrieved 2016.
  4. ^ "FTSE China P Chip All Cap Index factsheet". FTSE. Retrieved 2016.

  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.

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