Study on the characteristics of motherland distribution of foreign partner of joint venture in China

Abstract

In this paper, we collected and analyzed the correlated data of 11,562 joint ventures all over the China since 1979. The research results we found are as follows: Firstly, the culture distance between different nations could affects on the choice of foreign partners to some extend. The similar background of east culture urges more enterprises from Asia area cooperate with companies from China. There are 7,111 from Asia in all research samples, account for 61.5%. Besides, the influence of culture on the joint venture is different during the different period of economic developing. In the early, the culture has an important effect on the joint venture which belong to high labor demanding industries, but in the upper phase, the technology resources has more significant influence than the culture on those from high technology demanding industries. Secondly, the 6 joint venture earlier created in 1979, the foreign partners are all from HK; At last, during the first stage of joint venture developing, there are 3,376 foreign partners from Asia area of 3,707 piece of samples, account for 83.61%. In the end, we put forward several of proposals on the basis of the problems we found during the process of researching.