Who is the highest authority of a sino-foreign equity joint venture and sino-foreign cooperative joint ventures in the Hainan FTP?

Who is the highest authority of a sino-foreign equity joint venture and sino-foreign cooperative joint ventures in the Hainan FTP?

The highest authority of a sino-foreign equity joint venture shall be the board of directors; a sino-foreign cooperative joint venture shall have a board of directors or a joint management committee, which shall be the authority of the cooperative joint venture.

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Related article: Hainan FTP Q&A

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