This is the 4732nd most frequent Chinese word.
私有化
Privatization.
In this sentence, '私有化' refers to the process of changing the ownership of an enterprise from public or government ownership to private ownership.
企业实现了全面的私有化，变成了私人资本所有。
The enterprise underwent comprehensive privatization, becoming owned by private capital.
Here, '私有化' is used to describe a policy or action aimed at transitioning public assets or services to private ownership for economic or operational improvements.
政府提出了一个私有化的政策以提高经济效率。
The government proposed a privatization policy to improve economic efficiency.
In this sentence, '私有化' is highlighted as a concept or process that could have societal consequences, focusing on the sector-specific implications.