That is, the joint venture does not change the ownership, affiliation and financial relationship of the parties involved in the joint venture. According to the different purposes of joint ventures, joint ventures can be divided into production joint ventures, sales joint ventures, transportation joint ventures and regional joint ventures. Joint ventures are not restricted by industries or regions.
The parties to a joint venture shall enjoy rights and undertake obligations in accordance with the joint venture agreement. Enterprises in China, including Sino-foreign joint ventures and cooperative enterprises, may sign joint venture agreements and implement joint ventures with other enterprises according to the needs of production and operation.
Operation type
The main business process of commodity circulation should be to buy commodities first, then enter the stage of commodity storage and sell commodities at the same time. As an enterprise mainly engaged in commodity circulation, its management process should also be carried out around the above process.
However, in the current market economy environment, due to the great richness of commodity supply, the competition among enterprises engaged in commodity circulation is very prominent. Many enterprises put forward a new business model of "bringing factories into stores" from the perspective of speeding up the turnover of their own funds, reducing the occupation of funds and improving the efficiency of capital utilization.
Reference to the above content: Baidu Encyclopedia-Joint Venture