中外合作经营企业
zhōng​wài​hé​zuò​jīng​yíng​qǐ​yè

Sino-foreign contractual joint venture

中外合作经营企业 中外合作經營企業 zhōng​wài​hé​zuò​jīng​yíng​qǐ​yè
Sino-foreign contractual joint venture
a type of business partnership in China between a domestic enterprise and a foreign company where responsibilities and profits are shared according to a contract