Learning Business Chinese – Phrases and Explanations
Learn Business Chinese – Part II
Welcome to Hills Learning multi-part series on Chinese business idioms. Our goal is to enhance your Chinese language understanding and communication in the business environment and culture and help you to learn the Chinese language essential and necessary in the business world.
1) 批发(pi1fa1) – wholesale; to wholesale
Definition: The selling of goods in large amounts at low prices to shops and businesses, rather than the selling of goods in shops to customers.
Meaning: They wholesale the T-shirts at $5 each.
2) 零售 (ling2shou4) – retail; to sell retail
Definition: The selling of goods piece by piece or in small quantities.
Meaning: They buy at wholesale and sell in retail.
3) 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.
Meaning: The core of the business ethics is the question of corporation’s rights and duties.
4) 跨国企业 (kua2guo4 qi3ye2) – a transnational enterprise
Definition: A multinational corporation that maintains assets and/or operations in more than one country and often has a long supply chain that requires the acquisition of raw materials in one country, a product’s manufacture in a second country, and its retail sale in a third country.
Meaning: We must make transnational enterprises more socially responsible.
5) 可持续发展 (ke3 chi2xu4 fa1zhan3) – sustainable development
Definition: Development that meets the needs of the present without compromising the ability of future generations to meet their own needs。
Meaning: The idea of sustainable development is a new idea.
6) 供大于求 (gong1 da4yu2 qiu2) – supply exceeds demand
Definition: An economic model of price determination in a market where supply increases and demand remains unchanged, which leads to lower equilibrium price and higher quantity.
Meaning: A surplus of supply will lead to a drop in price.
7) 履行义务 (lü3xing2 yi4wu4) – to carry out responsibilities, obligations; to fulfill
Definition: To perform a task; to bring to actuality, or effect something
Meaning: He was fired because he had not carried out his duties.