自负盈亏

自負盈虧
zìfù yíngkuī
phrase #94,141

Meanings

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

Examples

HSK 7-9
Zhè jiā gōngsī zìzhǔ jīngyíng, zìfù yíngkuī.
This company operates independently and is responsible for its own profits and losses.
HSK 7-9
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

yíng
kuī