Since 2014，The Chinese government strengthens the reform of the foreign 188bet best bookmaker management system，Accelerate the transformation from the approval system to the filing system，Improved the convenience of Chinese enterprises’ overseas 188bet best bookmaker，Greatly promotes the “going global” pace of Chinese enterprises，Especially in the context of the “One Belt, One Road” strategic concept，From policy communication to facility connectivity，Goods arrive smoothly、Financial integration and people-to-people bonds，The "five links" field will provide Chinese enterprises with a new international regional cooperation mechanism and an international cooperation platform，Chinese enterprises’ overseas 188bet best bookmaker will usher in a new round of boom。In 2014, China not only became the largest absorber of international foreign 188bet best bookmaker，For the first time, it became a country with net outflows of foreign 188bet best bookmaker。

Under the new situation，To reflect the latest situation and characteristics of the development of overseas 188bet best bookmaker by Chinese enterprises，Analysis of problems and countermeasures in the globalization development process of Chinese enterprises，I edited the blue book "Chinese Enterprise Globalization Report (2015)"。The report studies the current situation and characteristics of Chinese enterprises’ overseas 188bet best bookmaker in 2014-2015，Discovered that private enterprises have become the main force in “going global”，Diversified 188bet best bookmaker entities，188bet best bookmaker is concentrated in small and medium-sized enterprises，Location selection also shows a new trend。

Chinese enterprises have increased large-scale 188bet best bookmaker in the “Belt and Road” region

The number of 188bet best bookmaker cases by Chinese companies along the “Belt and Road” is concentrated in the range of US0 million to US billion, with a total of 407 cases，The second is large-scale 188bet best bookmaker of US billion to US billion，Reached 121 cases。188bet best bookmaker areas along the “Belt and Road” are concentrated in the mining industry、Transportation and Manufacturing，At the same time，188bet best bookmaker in these traditional industries shows a downward trend，There is a significant increase in 188bet best bookmaker in infrastructure, information transmission and computer services。Visible，The needs of countries and regions along the “Belt and Road” are changing，Absorb foreign 188bet best bookmaker more selectively，Attach importance to improving the development of science and technology and informatization in the country。With the further advancement of the “One Belt, One Road” strategic concept，Enterprises from various countries will enjoy the dividends of regional opening up。

Private enterprises have become the main force for 188bet best bookmaker to “go global”

Influenced by rising domestic labor prices、Influence of environmental pressure and other factors，Chinese private enterprises have actively expanded overseas markets in recent years，Continuously seeking technological breakthroughs，Create an international brand image。At the same time，Relevant departments have revised the foreign 188bet best bookmaker approval methods，Restrictions on foreign 188bet best bookmaker have been relaxed，Increased the enthusiasm of private enterprises for overseas 188bet best bookmaker。Private enterprises give full play to their own advantages，Leverage private label、Independent intellectual property rights and independent marketing channels，Buy globally、Production、Sales，Actively establish an international industrial value chain。

188bet best bookmaker’ cross-border mergers and acquisitions are changing from single holding to diversification

2002～first half of 2015，The total number of overseas 188bet best bookmaker cases by Chinese enterprises is 2018，The number of cross-border M&A cases is 1817，Accounting for 90% of the total cases，Indicates that cross-border mergers and acquisitions have become the main way for Chinese enterprises to invest abroad。At the same time，Chinese enterprises’ cross-border M&A activities have shifted from solely seeking holdings to strategic cooperation。In cross-border M&A activities，From 2002~2007，The average annual number of mergers and acquisitions by Chinese companies is less than 30% of the shares. There are only 4 cases，Holding 188bet best bookmaker up to 11 cases。As more and more companies go global，Non-controlling merger and acquisition cases are increasing year by year，Indicates that Chinese companies pay more attention to business cooperation and technology acquisition between both parties to the transaction、Management、Achievement of multiple goals such as branding，It has a very good effect on improving the competitiveness of enterprises。

188bet best bookmaker’ small and medium-sized overseas investments have increased significantly

Discovered through the analysis of 188bet best bookmaker cases conducted by Chinese enterprises from 2002 to the first half of 2015，The 188bet best bookmaker scale of Chinese enterprises is concentrated between US0 million and US billion，About 63% of the total 188bet best bookmaker，As shown in Table 4。Among them 2014～2015，The average annual number of 188bet best bookmaker cases by private enterprises is 256，7 times the average annual number of 188bet best bookmaker cases from 2008 to 2013，Exhibiting explosive growth。Large-scale investments of more than US billion by large state-owned enterprises have declined significantly，It can be seen that the active overseas 188bet best bookmaker activities of small and medium-sized enterprises and emerging enterprises have led to an increase in small-scale investments by Chinese enterprises。

At the same time，The 188bet best bookmaker industry with US0 million to US billion is widely distributed，Mainly concentrated in traditional industries such as mining、Manufacturing、Transportation and real estate industry，Smaller investments below US0 million are distributed in the TMT industry，Indicates that more and more small and medium-sized enterprises attach great importance to cultivating the core competitiveness of enterprises，Improve the comprehensive strength of the enterprise。Small-scale investments by Chinese companies are mainly concentrated in the United States、Australia、Japan, South Korea and a few other countries，The average proportion of investments below US billion is as high as 84%。The top ten countries where Chinese companies invest overseas are the United States、Australia、UK、Japan、Canada、Indonesia、Germany、Russia、Brazil、South Korea。

The proportion of overseas 188bet best bookmaker in China’s manufacturing industry is growing rapidly，US 188bet best bookmaker ranks first

2014，Chinese enterprises’ 188bet best bookmaker in overseas manufacturing accounts for approximately 33% of the total overseas 188bet best bookmaker cases，14% year-on-year increase，The number of 188bet best bookmaker cases is 160，35 of which did not disclose the amount of 188bet best bookmaker transactions，The total amount of 188bet best bookmaker transactions disclosed is 329.USD 6.2 billion。The United States is an important destination for overseas 188bet best bookmaker by Chinese companies，China’s 188bet best bookmaker in the manufacturing industry in the United States accounts for 41% of the total 188bet best bookmaker，24% year-on-year increase，Chinese companies invest heavily in U.S. manufacturing，The main reason is the rapid rise in manufacturing costs in China，Already close to the manufacturing cost of the United States，The gap narrows to less than 5%，Promotes Chinese companies to build new factories in the United States。

“Cluster overseas” has become a new way for 188bet best bookmaker to “go global”

With the establishment of China’s status as a net 188bet best bookmaker exporter，Scale expansion will give way to quality improvement。The traditional 188bet best bookmaker model needs to change，The initial fight alone、When facing an increasingly complex 188bet best bookmaker environment，Relying solely on the company’s own capabilities seems to be insufficient，Therefore, clustering overseas has become an inevitable choice for enterprises。For example，The Las Bambas copper mine project invested and constructed by China Minmetals Corporation, Guoxin International and CITIC Metal has become the largest mineral project invested and constructed in Peru。

Chinese corporate 188bet best bookmaker in the TMT industry continues to rise sharply，The United States remains the first choice

A total of 58 cross-border mergers and acquisitions occurred in China’s TMT industry in 2014，188bet best bookmaker scale is US.4 billion，At the top of all industry segments。20 cases of cross-border mergers and acquisitions in the TMT industry occurred in the United States，Amount up to 86.USD 400 million，Investments are mainly concentrated in the gaming industry and semiconductors。Lenovo Group、Alibaba、China Mobile、Giant 188bet best bookmaker and Pudong Science and Technology 188bet best bookmaker ranked among the top 5 in terms of 188bet best bookmaker amount。At the same time，Alibaba has as many as 7 mergers and acquisitions cases，The most active，The typical case is 2.USD 489.4 billion 188bet best bookmaker in Singapore Post，With 2.US0 million 188bet best bookmaker in US ride-sharing app Lyft, etc.。

The indicator to measure the effectiveness of 188bet best bookmaker in fulfilling social responsibilities overseas is "obtaining recognition from all walks of life in the local area"

Research findings，Practicing social responsibility has become an important factor in corporate global management。The new Sri Lankan government came to power, causing the Colombo Port City built by China Communications Construction Company to be suspended；The China-Myanmar Kyaukphyu-Kunming railway project plan has been cancelled, etc.，On the surface, the failure of these projects is caused by political factors，The irregular 188bet best bookmaker activities of Chinese enterprises behind it、Lack of communication and integration with local society becomes a negative driving factor。

In recent years，With the continuous improvement and improvement of China’s market economic system，Accelerating the pace of enterprises “going global”，More and more companies are beginning to pay attention to fulfilling corporate social responsibilities。Based on the questionnaire and research of China and Globalization Think Tank (CCG)，Discover 188bet best bookmaker and foreign business circles、There are big differences in academic circles on whether 188bet best bookmaker companies have paid attention to fulfilling social responsibilities。The 188bet best bookmaker companies surveyed generally believe that they have fully fulfilled their corporate social responsibilities in the host country；Overseas scholars under investigation、Research Expert、Entrepreneurs and lawyers、Consultants and other intermediary service agency personnel said，188bet best bookmaker companies don’t pay much attention to their own image，There is great room for improvement in fulfilling corporate social responsibilities。

About the author: Wang Huiyao，Director of China and Globalization Think Tank、Vice President of China Society for International Economic Cooperation、Dean 188bet best bookmaker Development Research Institute of Southwestern University of Finance and Economics。