government owned enterprise meaning in Chinese

公营企业

Founded in 1970 , a government owned enterprise who specialize in the manufacturing of prepared chinese medicine
承德市爱民制药厂始建于一九七零年，是隶属部队的全民性企业，是中成药制造生产厂家。
In recent year , most companies face with difficulties of economic downtrend , deflation and decrease in market demand . nevertheless , government owned enterprises in china have the competitive advantages of cheaper labors , lower rental , abundant resources and mass production with economies of scale . as a result , they can operate at lower cost and eventually they can seize more market share by selling at lower price
近年企业面对更严峻的通缩困境，需求减缩，国有企业拥有平价劳工、租金、资源等竞争优势，大量生产商品、享有经济效益可低价倾销，本港企业成本相对过高及竞争加剧，企业组织若要生存，需达到成本最优化及全面控制。