The Chinese and foreign parties shall, in accordance with the agreement specified in the contractual joint venture contract, determine the ownership of the venture's property.

中外合作者应当依照合作企业合同的约定确定合作企业财产的归属。

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A strategic alliance is a formal, long-term agreement between firms to combine their capabilities and resources to accomplish global objectives without joint ownership.

战略联盟是厂商之间通过非所有权合并来联合其能力和资源以达到全球营销目标的一个长期正式的协议。

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