联营 (lián yíng) — to operate jointly; to form a joint venture

Definition

联营 means 'joint operation / joint venture' — two or more parties running a business together and sharing risk. More general and collaborative than 合资, which specifically means pooling capital in a new company.

verb

to operate jointlyto form a joint venture

Examples

联营。
Zhè liǎng jiā gōng sī jué dìng lián yíng kāi fā xīn shì chǎng.
These two companies decided to jointly operate and develop new markets.
联营。
Tā men chéng lì le yì jiā lián yíng gōng sī lái shēng chǎn diàn zǐ chǎn pǐn.
They established a joint venture company to produce electronic products.
联营。
Zhè zhǒng lián yíng mó shì néng jiàng dī shuāng fāng de jīng yíng fēng xiǎn.
This joint operation model can reduce the business risks for both parties.

Browse more HSK 7-9 words or search the full 43,000-word dictionary.