A term for three kinds of foreign-invested enterprises or ventures in China, which include Sino-foreign joint ventures, cooperative businesses, and exclusively foreign-owned enterprises. As an economic entity responsible for their own profits and losses, these enterprises are set up within China after being approved by relevant State departments and are run in accordance with China's laws. Since reform and opening-up in 1978, these enterprises have played an important role in helping the country absorb foreign investment, introduce foreign advanced technologies and management know-how, as well as expand export.

相關閱讀

資本支出 capital expenditure(capex)

二板/創業板 second board

新興企業 start-up company

工廠停產 to idle plant

（英語點津 陳丹妮 編輯）

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