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Article: China, Uzbekistan Sets up First Joint Venture in China
- Article from:
- Xinhua News Agency
- Article date:
- August 4, 2000
CopyrightCopyright 2000 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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China and Uzbekistan established their first joint venture, the
Uzbek Market Co., Ltd., here today in an effort to strengthen the
two countries' economic links.
The Shanghai-based new joint venture is a result of joint efforts
from six Uzbekistan companies, including an exchange center for
goods and material, an auto industry corporation and a chemical
industry corporation, and Chinese companies.
Shenli Group based in central China's Henan Province and the
Chinatex Non-Cotton Yarns and Fabrics Import and Export Corporation
are the Chinese shareholders of the joint venture.
Akrom Muhidov, chief of the Uzbek Foreign Economic Coordination
Department, said the founding of the joint venture will ...