私营
sī yíng · HSK 7
privately-owned
🏪 私 (private/self) + 营 (operate a business) = privately run, private
私 carries the sense of personal or self, the same 私 in 私人 (private person). 营 means to operate or manage, as in 经营 (run a business). Together: a business operated by private hands rather than the state.