zi6 jau4 si5 coeng4自由市場自由市场

Jyutpingzi6 jau4 si5 coeng4
Yalejih yàuh síh chèuhng
名詞

Definition

Free market; an economic system where prices and goods are determined by demand and supply with minimal government intervention.

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How it's used

Refers to an economic system where prices and supply are determined by competition rather than government control. It is often used in political and economic discussions regarding Hong Kong's historical status as a global trade hub. Unlike more abstract academic terms, this is frequently heard in news reports and casual debates about local policy.

Common phrases

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