市场换技术 shì chǎng huàn jì shù

market access for tech transfer policy

Word data

HSK Not in HSK
Frequency Unknown

Definitions

  1. 1. market access in return for technology transfer (PRC policy since the 1980s which gives foreign companies access to China's domestic market in exchange for sharing their intellectual property, characterized by the US in the 2019 trade war as "forced technology transfer")

Characters

Character Meaning
市 shì HSK 3
city; market
场 chǎng HSK 2
large place used for a specific purpose; stage
换 huàn HSK 3
to change (clothes etc); to exchange; to switch
技 jì HSK 4
skill
术 shù HSK 4
method; technique