Meaning of qíng yuàn:
qíng yuàn
情愿
Noun
willingness
Tā qíngyuàn wéi tā fàngqì yīqiè.
他情愿为她放弃一切。
He is willing to give up everything for her.
Verb
would rather (agree to X than Y)
Wǒ qíngyuàn bùyào gèng duō de qián, zhǐ xiǎng yào kuàilè de shēnghuó.
我情愿不要更多的钱,只想要快乐的生活。
I would rather not have more money, and just want a happy life.