Civilian-run enterprise
Civilian-run enterprise
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Civilian-run enterprise

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Civilian-run enterprise

Civilian-run enterprise is a type of company or enterprise to describe a non-state-owned enterprise (state-owned enterprise[clarification needed] 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: 民企; pinyin: Mínqǐ) or Chinese: 民营企业; pinyin: Mínyíng qǐyè). 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.

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.

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