Civilian-run enterprise
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Civilian-run enterprise is a type of
company A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, legal or a mixture of both, with a specific objective. Company members share a common p ...
or enterprise to describe a non-
state-owned enterprise A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (econom ...
(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 The China, People's Republic of China has an upper middle income Developing country, developing Mixed economy, mixed socialist market economy that incorporates economic planning through Industrial policy, industrial policies and strategic Five- ...
(Minqi () or ). 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 The term P chip () refers to Chinese companies listed on the Hong Kong Stock Exchange which are incorporated in the Cayman Islands, Bermuda and the British Virgin Islands with operations in mainland China, and are run by private sector Chinese bus ...
.


Notable civilian-run enterprises in China

* Fosun International * Hainan Airlines * Suning Commerce Group (
blue chip Blue chip may refer to: * Blue casino token * Blue chip (stock market), a corporation with a national reputation for quality, reliability, and the ability to operate profitably * Blue chip (sports), collegiate athletes who are targeted by professio ...
of Shenzhen Stock Exchange) *
Wanda Group Wanda Group (), or the Dalian Wanda Group (), is a Chinese multinational conglomerate founded in Dalian, Liaoning and headquartered in Beijing. It is a private property developer and owner of Wanda Cinemas and the Hoyts Group. With inve ...
(one of the 2016 Fortune Global 500) *
Sunac China Sunac China Holdings Limited, or Sunac (), is a major property developer headquartered in Tianjin, China. The company focuses on large-scale, medium to high-end property developments. It does not only focus on its home market of Tianjin, but als ...
* LeEco {{list-stub, date=November 2016


References

Types of business entity Finance in China