HSK · Level 74
60 words
Chinese word
市场经济
Pronunciation
Pinyinshì chǎng jīng jì
Meaning
- nounmarket economy
Example
政府应该支持市场经济的发展。zhèng fǔ yīng gāi zhī chí shì chǎng jīng jì de fā zhǎn
The government should support the development of a market economy.
More examples
在市场经济体制下，价格起着重要作用。zài shì chǎng jīng jì tǐ zhì xià jià gé qǐ zhe zhòng yào zuò yòng
Under a market economy system, prices play an important role.
Core concept
An economic system in which prices guide what gets produced, distributed, and used.
Common phrases
建立市场经济体系jiàn lì shì chǎng jīng jì tǐ xì
build a market economy system
深化市场经济改革shēn huà shì chǎng jīng jì gǎi gé
deepen market economy reform
促进市场经济发展cù jìn shì chǎng jīng jì fā zhǎn
promote the development of a market economy
Similar words
市场shì chǎng: A place or system where goods and services are bought and sold.
经济体制jīng jì tǐ zhì: A way of organizing and running a country's economy.
资本主义zī bén zhǔ yì: An economic and social system based on private ownership and the pursuit of profit.
计划经济jì huà jīng jì: An economic system in which plans set production and distribution.
Definition in Chinese
以价格为信号，通过市场机制决定生产、分配和资源流动的经济模式。yǐ jià gé wèi xìn hào tōng guò shì chǎng jī zhì jué dìng shēng chǎn fēn pèi hé zī yuán liú dòng de jīng jì mó shì
Word origin
市场经济 (shìchǎngjīngjì, "market economy") literally joins 市场 (shìchǎng, "market") and 经济 (jīngjì, "economy") to name an economic model in which market signals help coordinate activity.
Usage tips
- For conversational Chinese, this word is useful when discussing systems and public policy, while a sentence about a single purchase usually needs a more specific expression.
Opposites
- 计划经济jì huà jīng jìplanned economynoun
Related words
- 市场经济体系shì chǎng jīng jì tǐ xìmarket economy systemnoun
- 市场经济改革shì chǎng jīng jì gǎi gémarket economy reformnoun