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What's more, it is to be extracted through joint ventures in which the government holds only a 60% stake.
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He explained strategy of taking forward developments through joint ventures.
They are licence holders through joint ventures in 13 countries, with a total population of 411m.
Other studios can make films in China through joint ventures, avoiding the quotas as well.
Hyundai said it planned to share the costs of the multibillion-dollar project through joint ventures.
The first is that foreign carmakers, which operate in China through joint ventures with local partners, are well dug in.
Statoil and Shell, also through joint ventures, are drilling or plan test wells in Russian shale beds.
Munich Re, the German insurer, and Bupa, a British firm, already sell health insurance here through joint ventures.
Expanded through joint ventures and franchising; went public 1983.
Both Fords and GMs European business is lackluster, but GM has a foothold in China through joint ventures there.
The Pharmaceutical segment includes human health pharmaceutical and vaccine products marketed either directly by the company or through joint ventures.
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