Table of Contents

guóyǒu qǐyè: 国有企业 - State-Owned Enterprise (SOE)

Quick Summary

Core Meaning

Character Breakdown

The first two characters, 国有 (guóyǒu), literally mean “state-owned” or “nation-possessed.” The last two, 企业 (qǐyè), are the standard word for “enterprise” or “company.” Combined, 国有企业 (guóyǒu qǐyè) is a direct and literal translation: “state-owned enterprise.”

Cultural Context and Significance

The concept of the 国有企业 is a cornerstone of China's “socialist market economy.” Unlike in the West, where government-owned companies are often limited to specific public services (like a postal service or passenger rail), China's SOEs are massive, globally competitive conglomerates that form the backbone of the national economy.

Practical Usage in Modern China

In daily conversation, the four-character term 国有企业 is often used in formal contexts (news, business reports). In casual chat, the abbreviation 国企 (guóqǐ) is far more common.

Example Sentences

Nuances and Common Mistakes