In addition to M&A, the Joint Venture is also the major path to the strategic cooperation between the West and Chinese enterprises. Generally speaking, European companies are strong in advanced technology and know-how, but short in capital and capability of market development in China. While the Chinese enterprises are possessing solid financial capacity and Chinese market, however, requiring advanced technology and know-how to further develop the market and gain competitive advantages. In this context the combination of the both sides can enable the win-win situation to conquer the market share and become the market leader in China, even dominate the Chinese market by formulating the industrial standards in virtue of the advanced technology from the foreign side. Furthermore, the Sino-foreign JV can enjoy the preferential tax in China.
If a Chinese or European company is planning to form a China business JV, a carefully search and examination on the right partner is essential. Jomec team possesses extensive business network and resources in both China and Europe and has rich industrial knowledge in the sectors with technological superiority. We are in the best position to provide advisory service for our clients in the entire process of JV formulation and management.