Page 385 - 2017 White Paper

More than 20 years

The American Chamber of Commerce in South China

Between 11 - 20 years

Between 6 - 10 years ä¼??ç±»å?

Between 2 - 5 years ??15.4% 6.6%3è¿??2.6%ï¼???????¸­5.7%èµ??ä¼??ä¸??为å?å¤?????å·???³è?Whï¼??ollyä¸?oreign-owned comp

2016 39.7%

Less than 2 years �?�?�????足两???? Joint venture

2015 54% 12% 5% 24% 5% Representative o ce of forei

2016 4.4% 10.646%% 13.3% 3714.6%% 83%4.1% 27% 5% Local Chinese company
100%
2014 Others

2015 3% 8% 12% 48% 29% Wholly foreign-

wned company 2016 39.7% 2014 151.4.04%%0%6.6%8%20% 103%420%.6%356%0% 5.373%8%0%
2015 54%
0.8 Joint venture

0.6 12% 5% 24% 5%

0.4

mpany 46% 0.214% 8% 27% 5% Local Chinese c
80% 100% Others
2014

0% 20% 0.0 60%

1.0 40%

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0.8

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