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合资公司 (hézī gōngsī) is a joint venture company in which two or more parties contribute capital and share profits and losses. It is usually established by foreign investors and domestic investors.
合伙公司 (héhuǒ gōngsī) is a company formed by two or more partners who share the profits and losses of the business. It is usually established by individuals or companies who have the same business goals.
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