Chinese Word of the Day – 经济伦理 (jing1ji4 lun2li3)

1)      经济伦理 (jing1ji4 lun2li3) – business ethics

Definition: The critical, structured examination of how people and institutions should behave in the world of commerce.

Example:  经济伦理的核心问题是企业的权利和义务的问题。

Meaning: The core of the business ethics is the question of corporation’s rights and duties.

Chinese Word of the Day – 风险管理

1)                  风险管理 (feng1xian3 guan3li3) – risk management

Definition: The forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact.

Example: 这个国家政府应该实施比较谨慎的风险管理。

Meaning: The government of this country should carry out very cautious risk management.

Chinese Word of the Day – 采取措施 – to take measures

Welcome to our series on Chinese word of the day. This week we’re focusing on Chinese business terms, for the more advanced students in New York City that are interested in learning Chinese.

Here’s the Chinese word of the day:

Definition: To make preparations; to provide means.

Example:  政府采取措施稳定物价。

Meaning: The government took measures to stabilize prices.

Chinese Word of the Day – 基础设施 – Infrastructure

基础设施 (ji1chu3 she4shi1) – infrastructure

Definition:  The basic systems and services, such as transportation and power supplies, that a country or organization uses in order to work effectively

Example: 我市积极推进基础设施建设计划。

Meaning: Our city actively pressed ahead with infrastructure development plan.