Lingaku- wholly foreign-owned enterprise (WFOE) (form of legal entity in China)
- abbr. to 外资企业【wài zī qǐ yè】
Generated: This term refers to a type of legal entity in China that is fully owned by foreign investors, allowing them to operate independently without any local partners.
In China, a wholly foreign-owned enterprise can have complete control over the company's operations.
Generated: This term is an abbreviation for wholly foreign-owned enterprise and refers to enterprises that receive foreign investment, which may be either jointly owned or fully owned by foreign entities.
Wholly foreign-owned enterprises play an important role in China's economic development.