Chengbao_system
Chengbao system
Chinese system of outsourcing public services
In the People's Republic of China, the Chengbao system (Chinese: 承包; pinyin: Chéngbāo) refers to the private or individual contracted operation of public assets such as bus lines, hospitals, and schools. These operators pay a fee as well as a percentage of profit generated to the state. It is regarded as a form of intrapreneurship.
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