The Development Of Sino-Mongolian Joint Venture

At present, all of China and Mongolia, the developing countries are in rapiddevelopment, and they are all facing fierce competition on the international market. Inthe wave of globalization, the international economic context, in many ways the twocountries share common interests and aspirations, and in the process of marketsegmentation, the two countries each have their own advantages and characteristics ofdemand, such as Mongolia is rich in mineral resources and huge potential market tobe developed, but there is in human resources and technical bottleneck constraints,while China has abundant human resources and more advanced production andmanagement techniques are increasingly scarce in resource development, how tomake China technical and human resources for the development of Mongolia help,how to make the rich resources of Mongolia healthy development, which makes thecooperation between the two countries complement each other under the premise ofthe existence of the possibility of deepening the development. Especially in thedevelopment of Sino-Mongolian Joint Venture in China and Mongolia through thisway can be a good long-term trust and cooperation to establish a mechanism for thedevelopment of expression and access to their demands, to deepen the friendshipbetween the two countries work together to promote bilateral economic, social ofdevelopment."Joint venture" is a hot topic in recent decades the rise of one. Joint ventures inthe economic environment more common to all industries, the general localenterprises and foreign companies (about three-quarters of business is international)cooperation. Joint venture in the area generally regarded as a very viable businesschoice, which is a complementary pattern, foreign entities can add their productionskills of enterprises, while domestic enterprises to give foreign entities geographicpresence. China and Mongolia and other countries in order to make their ownenterprises in the market access and competition in the market to raise the stakesleaving their companies to form joint ventures with foreign companies, this requirement generally would have forced foreign partners for technology transfer andmanagement control, and thus greatly enhance the professional domestic enterprisesoperating mechanism, and promote their economic development.Each joint venture co-investors for them to establish the carrier is expected togenerate huge interest and have a huge economic performance expectation. Therefore,both sides are counting on the good cooperation through efforts to enhance the abilityof management and operation of the market, together to resist the internal and externalmarket risks, to achieve maximum benefits and achieve the initial expectations.Since1951, China and Mongolia established diplomatic relations, theSino-Mongolian Joint Venture Companies have mushroomed born. Establishment ofjoint ventures is a collection of funds and other resources such as labor good way,which is characterized by a collection of the advantages of the two countries, theircomparative advantage. From then on terms, the joint venture is undoubtedly animportant member of the world economy, is a profound sense of the research topic,especially for such a close neighbor of China and Mongolia is a particularly obvious.However, we can see that, although the development of the Sino-Mongolian jointventure, though with gratifying results, but also in the process of its developmentthere have been some problems, there are many worthwhile to explore thephenomenon. Sino-Mongolian joint venture, such as a large number of mergers, theylost several years of short-term operating funds and joint areas of brand and moremonotonous, and so on. These phenomena make the Sino-Mongolian joint ventureseems to have an invisible rule. How to break this cycle, making the Sino-Mongolianjoint venture operation in the establishment and not to worry about the direction weneed to study.This paper describes the development will be the beginning of theSino-Mongolian joint venture, positive, citing a number of research scholars to doresearch of this position, and then continue to illustrate this point, in order to makeuse of valuable feedback. This below the first Sino-Mongolian joint venture reviewedthe history and economic development of New China, Mongolia and the economic development of the Sino-Mongolian joint venture development process, which are thedimensions of the macro to list a number of specific characteristics and thedevelopment of important events. Describes the origin of the Chinese model andachievements have attracted worldwide attention, and Mongolia were the goodmomentum of economic development of the financial crisis to suppress the situation,that in many ways, Mongolia should learn from China’s approach to development,improve economic security and stability to form their own characteristics, to resistexternal risks. In the past few decades, new China and Mongolia have maintainedgood relations contacts, but due to some external political climate, theSino-Mongolian relations were certain constraints. But today, the Sino-Mongolianrelations and the development of Sino-Mongolian joint venture, has presented a goodopportunity for development, countries should strive to seize the opportunity toexpand exchanges.Then, this article from Mongolia’s domestic economic environment, laws andregulations, health and Mongolia issued a joint policy for a more detailed discussion,coupled with analysis of the Chinese joint venture in China policy, so that theSino-Mongolian joint venture’s operating environment has been more through clearclarity. Mongolia, especially in the analysis of the domestic economic environment,from the financial, taxation and many other areas of the community cross-analysis ofvarious aspects, so that an overview of Mongolia’s economy largely unfolded.Next, the specific focus on the Sino-Mongolian joint venture firm characteristicsand problems. Found that the current Sino-Mongolian joint venture trend cluesemerged to explore the relatively new business model. This includes: Mongoliaeconomic cooperation to a new level, into new areas of economic cooperation in theMongolian environment is improving, increasing economic cooperation projects andso on. In view of the Sino-Mongolian joint venture, mainly statistics give a moreconvincing answer, some large managers of Chinese enterprises in Mongolia by thelocal government granted honor outstanding entrepreneurs, but also from thereflection of Mongolia for the Chinese enterprises and Sino-Mongolian joint venture approval.However, I must mention is that the Mongolian joint venture, there are indeedsome problems, and even individual problems are more serious impact on thebusiness climate development. For example, the size of the Sino-Mongolian jointventure is generally small, mostly private, large-scale enterprises with less, more of anindividual investment behavior; Mongolia is also less developed domestic legalsystem, economic operation mechanism is not perfect; individual fails to comply withMongolia, China law, lawlessness, damage the local environment, local residentscaused resentment; Mongolia handful of extremists, strongly reject the democraticChinese companies into Mongolia, advocating China threat theory; Mongolianeighboring countries are also competing to fight, push the Sino-Mongoliancooperation, all of which need to explore long-term solution, and further deepen theChina-Mongolia partnership.Although there is a problem, but no doubt that economic and trade cooperationbetween China and Mongolia has been great development, trade volume also achievedrapid growth. The amount of change from another level of bilateral trade reflects theclose economic ties with Mongolia extent, Sino-Mongolian relations andSino-Mongolian joint venture is also constantly evolving. This is all invisible bondwhich plays an important role in that positive cultural exchanges as the sounddevelopment of bilateral economic relations between the catalyst. As the two deeproots in history, and even residents of the border there is a certain degree of kinship,language and culture in the two countries has incomparable superiority of otherneighboring countries, which is derived after the independence day. Culture topromote combined with a profound friendship between the two peoples but also willpromote the further development of joint ventures and growth. The development ofSino-Mongolian joint venture will have a brilliant future.