The joint venture company is a joint-stock enterprise in which the state holds or shares, and other legal persons or natural persons participate in the investment; If it is state-owned capital holding, or state-owned enterprises. If only the state-owned capital is controlled, and the capital of legal person or natural person accounts for a large proportion, then the enterprise is a joint venture company or joint-stock company in the usual sense. This kind of enterprises generally expand with the advantage of official background, gain a certain market position with the help of innate administrative advantages, and gradually evolve into privately controlled enterprises.