自负盈亏

自負盈虧

zìfùyíngkuī

phrase #94,141

Meanings

1 to be responsible for one's own profits and losses
2 financially self-accountable

Characters

Examples

这家公司自主经营，自负盈亏。

Zhè jiā gōngsī zìzhǔ jīngyíng, zìfù yíngkuī.

This company operates independently and is responsible for its own profits and losses.

改革后国有企业开始自负盈亏。

Gǎigé hòu guóyǒu qǐyè kāishǐ zìfù yíngkuī.

After the reform, state-owned enterprises began bearing their own profits and losses.

Tips

history

A signature phrase of Deng-era reform: the 1984 State Council policy 《关于国营工业企业进行自负盈亏试点的暂行规定》let selected SOEs keep profits and absorb losses instead of remitting everything to the state — a first step away from the planned economy.

Stroke Order

自 zì

负 fù

盈 yíng

亏 kuī