合资

合資
hézī
noun HSK 7-9 #41,237

Meanings

  1. 1 joint venture; joint investment

Characters

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

Examples

HSK 4
Zhè shì yìjiā Zhōng Měi hézī qǐyè.
This is a Sino-American joint venture.
HSK 5
Tāmen juédìng hézī kāi yìjiā cāntīng.
They decided to jointly invest in opening a restaurant.

Tips

usage
合资企业 ('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. 合资车 refers to cars made by joint ventures like VW-SAIC or Toyota-FAW.

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