合资

合資
hézī
noun HSK 7 #41,237

Meanings

  1. 1 joint venture; joint investment

Characters

Literally 'joint capital' — pooling money together for a business.

Examples

Zhè shì yì jiā Zhōng-Měi hézī qǐyè.
This is a Sino-American joint venture.
Tāmen juédìng hézī kāi yì jiā cāntīng.
They decided to jointly invest in opening a restaurant.

Tips

usage
合资企业 (hézī qǐyè, 'joint venture enterprise') was a huge concept during China's economic opening. Many foreign companies could only enter China through joint ventures with local partners. 合资 (hézī chē) refers to cars made by joint ventures like VW-SAIC or Toyota-FAW.

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