 三来一补企业 Enterprises of Three Import and Compensation Trade
[ 2009-08-25 19:40 ]
A shorthand for enterprises that process imported raw materials, manufacture products according to imported samples, assemble imported parts and those that repay loans for imported equipments and technologies with products. Emerging in the coastal area in the late 1980s, all these enterprises export their products abroad. By taking the processing fee, they become the major force in the processing trade, which forms a big proportion in the country's total trade volume. They played a key role in fostering the development of China's trade.
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（英语点津 陈丹妮 编辑）
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