Brill’s Encyclopedia of China

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Joint Ventures
(980 words)

The Law on Chinese-Foreign Equity Joint Ventures of 1979 was a milestone in the new policy of reform and opening-up that had begun that same year. It was the first economic law ever and was to be followed by numerous further regulations that today constitute a largely complete body of legislation regulating foreign investment in Chinese companies.

In order for a company to qualify as a joint venture (JV), the share of the foreign partner has to be 25% or more; there is no upper limit. Capital contribution can consist of cash, machines, or technology, …

Cite this page
Janus, Helmut, “Joint Ventures”, in: Brill’s Encyclopedia of China, Managing Editor English Edition: Daniel Leese. Consulted online on 26 February 2024 <>
First published online: 2008
First print edition: ISBN: 9789004168633, 20121018

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