Table of Contents

qǐyè: 企业 - Enterprise, Company, Business

Quick Summary

Core Meaning

Character Breakdown

Cultural Context and Significance

In the West, the word “company” often evokes images of private corporations, from small startups to large public companies like Apple or Google. The Chinese term 企业 (qǐyè) carries this meaning but is also deeply colored by China's unique economic history. The most significant cultural distinction is the concept of the 国有企业 (guóyǒu qǐyè), or State-Owned Enterprise (SOE). For decades, these SOEs dominated the Chinese economy, providing stable employment (the “iron rice bowl” or 铁饭碗) and forming the backbone of heavy industry. While their dominance has waned with economic reforms, they remain powerful players in strategic sectors like energy, telecommunications, and banking. Understanding the role and culture of `国有企业` is crucial for anyone engaging with the Chinese market. This contrasts with the Western model, which is overwhelmingly based on 私营企业 (sīyíng qǐyè), or private enterprises. While China now has a vibrant private sector with world-famous tech giants, the concept of 企业 for many Chinese people still implicitly includes the massive state-owned sector. Therefore, 企业 is a more neutral and inclusive term than the Western “company,” which often presumes private ownership.

Practical Usage in Modern China

企业 is used in formal, written, and general contexts when discussing business entities. You'll see it constantly in the news, in business reports, and in formal conversations about the economy.

Example Sentences

Nuances and Common Mistakes

The most common point of confusion for learners is the difference between 企业 (qǐyè) and 公司 (gōngsī).