Forms of organizational and legal enterprises with foreign investments in China
The relevance of the article stems from the fact that China remains the largest recipient of foreign direct investment among developing countries, and foreign investment continues to play a large role in facilitating trade, and tax revenue in China. The article examines the main organizational and legal forms of enterprises with foreign investment; four types are distinguished in accordance with the shares of participation of foreign investors. Based on the analysis, the methods of organization and management of enterprises with foreign investments, their specific features and basic legal characteristics are determined, the levels of responsibility for non-fulfilment of contractual obligations are characterized. Foreign-owned enterprises, joint ventures and jointstock enterprises with foreign investments are the main types of enterprises that use foreign capital in China. A number of structural changes have been shown in recent years, including a slight revival of joint-stock joint ventures, faster growth of foreign direct investment in the sector services than manufacturing. The features presented in the article will allow foreign investors to choose the most suitable form for business development when entering the Chinese market and ensuring the longterm development of the enterprise.