产权
How to Say
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How to Write
Meaning: Property rights
How to Understand
产权
产权 refers to property rights, particularly the legal ownership and control over assets or real estate. It is a key concept in Chinese law and economics, distinguishing between ownership and usage rights.
The character 产 (chǎn) means 'production' or 'property,' while 权 (quán) means 'right' or 'authority.' Together, they denote the legal framework surrounding ownership and control of assets.
In practice, 产权 is essential in real estate transactions, business operations, and legal disputes. Understanding 产权 helps foreigners navigate Chinese property laws and investment opportunities.
Example Sentences
他正在办理房产的产权过户手续。
He is processing the transfer of property rights for his house.
公司需要明确员工的知识产权归属。
The company needs to clarify the intellectual property rights of its employees.