The History of Chinese Direct Foreign Investment

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Abstract

In November 1979, The Friendship Commercial Services Corporation of Beijing jointed with WanYi Itochu Corporation and established JingHe company in Tokyo limited by the shares. The main business scope of the enterprise was introducing technologies and equipment for the Beijing food industrial. It was the first overseas joint venture after China adopted a policy of reform to open up the economy.

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Copyright information

© Tsinghua University Press and Springer Nature Singapore Pte Ltd. 2018

Authors and Affiliations

  1. 1.Management SchoolMinzu University of ChinaBeijingChina
  2. 2.Concordia UniversitySaint PaulUSA

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