Finance: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: 民企; pinyin: Mínqǐ) or Chinese: 民营企业; pinyin: Mínyíng qǐyè).[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
- Fosun International
- Hainan Airlines
- Suning Commerce Group (blue chip of Shenzhen Stock Exchange)
- Wanda Group (one of the 2016 Fortune Global 500)
- Sunac China
- LeEco
References
- ↑ "温州民营企业集群近似"零外资"现象研究". Journal of Zhejiang University (Humanities and Social Sciences). 2005. http://www.zjujournals.com/soc/CN/article/downloadArticleFile.do?attachType=PDF&id=9036.
- ↑ "Error: no
|title=specified when using {{Cite web}}" (in Chinese). Shenzhen Licheng Certified Public Accountants. February 2004. Archived from the original on 17 October 2006. https://web.archive.org/web/20061017014801/http://www.aweto.com/Download/Entrepreneurship/How%20private%20enterprises%20raise%20finance%20in%20Mainland%20China%20200402.pdf. - ↑ "叶东：民企的准确翻译是什么？" (in Chinese). The Financial Times. 11 November 2010. http://www.ftchinese.com/story/001035485.
- ↑ "FTSE China P Chip All Cap Index factsheet". FTSE. http://www.ftse.com/Analytics/FactSheets/Home/DownloadSingleIssue?issueName=PCHIPAC&IsManual=False.
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