private demand; civilian demand
Economic term referring to demand from the private sector, as opposed to government or public demand. Often used in contrast with 官需 (government demand).
Expanding private demand is essential for economic recovery.
This year's growth was led by private demand.
As the economy recovers, private-sector demand is expanding.
The government tried to stimulate private demand through tax cuts.
That industry is shifting from relying on government demand to private demand.
官需 refers to demand from the government or public sector, while 民需 refers to demand from the private sector.
民需 is civilian demand for goods, the direct opposite of 軍需, which is demand for military supplies.
consumer goods
Compound of 民 (people, private) and 需 (demand, need).