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加入WTO后,我国企业面临的重要问题是通过内部扩大投资或购并等外部扩张方式实现规模经济。企业购并可以分为横向购并、纵向购并以及混合购并三种类型。横向购并是生产同类或类似产品,或生产技术工艺相近的企业之间所进行的购并,这是最常见的一种购并方式,其目的在于扩大企业市场份额,在竞争中取得优势。纵向购并是在生产工艺或经销上有前后衔接关系的企业间的购并,通过横向及纵向购并,能够使购并企业优势互补,实现战略协同,取得规模优势。混合购并是产品和市场都没有任何联系的企业间的购并,兼具横向和纵向
After joining the WTO, the important issue facing Chinese enterprises is to realize economies of scale through external expansion such as expanding investment or acquiring mergers. Mergers and acquisitions can be divided into horizontal mergers and acquisitions, vertical mergers and acquisitions and mergers of three types. Horizontal mergers and acquisitions (M & A) are the acquisitions of similar or similar products, or between companies with similar technological processes, which is the most common form of acquisition, with the aim of expanding the market share of the enterprise and gaining advantages in the competition. Vertical mergers and acquisitions in the production process or distribution of the relationship between the convergence of the merger between enterprises through horizontal and vertical mergers and acquisitions to enable mergers and acquisitions complement each other to achieve strategic synergy and achieve scale advantages. Mergers and acquisitions are mergers and acquisitions of enterprises that have no connection between the product and the market, both horizontal and vertical