Contract for joint Ventures(Sino-foreign Chapter 1. General Provisions In accordance with the " law of the p.r c. on joint Ventures Using Chinese and Foreign investment and other relevant Chinese laws and regulation a and B, adhering to principle of equality and mutual benefit and through friendly consultations, agree to jointly invest to set up a joint venture enterprise in the pr c. the contract hereunder is worked out (refer to the Specimen contractContract for joint Ventures (Sino-foreign ) Chapter 1. General Provisions In accordance with the “Law of the P.R.C. on Joint Ventures Using Chinese and Foreign investment” and other relevant Chinese laws and regulation, A and B, adhering to principle of equality and mutual benefit and through friendly consultations, agree to jointly invest to set up a joint venture enterprise in the P.R.C. The contract hereunder is worked out. (refer to the Specimen contract)