一国两制

one country, two systems (PRC proposal regarding Hong Kong, Macau and Taiwan)

one / single / a (article) / as soon as / entire; whole; all; throughout / "one" radical in Chinese characters (Kangxi radical 1) / also pr. [yao1] for greater clarity when spelling out numbers digit by digit

surname Guo

country / nation / state / national / CL:個|个[ge4]

two / both / some / a few / tael, unit of weight equal to 50 grams (modern) or 1⁄16 of a catty 斤[jin1] (old)

system / to control / to regulate / variant of 製|制[zhi4]

to manufacture / to make