摘要
自改革开放以来,中国企业出海历经了探索起步期、快速扩张期、理性调整期与战略重塑期四大阶段,呈现出从政策推动到市场驱动、从资源获取到生态布局的转型特征。近年来,企业对外投资面临地缘风险与制度壁垒高企、企业本地化能力仍显不足等核心挑战。为此,建议优化对外投资布局,构建多层次出海网络;加强合规体系建设,提升风险应对能力;深化本地化战略,建立可持续发展优势,推动构建中国企业高质量出海格局。
This study examines the evolution of Chinese enterprises'overseas developinent since China's Reform and Opening-up.Chinese corporate"going global"has progressed through four distinct phases:exploratory inception,rapid expansion,rational adjustment,and strategic restructuring.This evolution demonstrates a paradigm shift from policy-driven initiatives to market-oriented strategies,and from resource acquisition to ecosystem development.The study aims to analyze contemporary challenges-including heightened geopolitical risks,institutional barriers,and persistent localization deficienciesand propose pathways for sustainable development.Findings recommend optimizing global investment distribution to establish multi-tiered international networks,strengthening compliance frameworks to enhance risk mitigation capabilities,and deepening localization strategies to cultivate sustainable competitive advantages.The findings provide actionable policy and managerial recommendations for fostering high-quality Chinese outward foreign direct investment.
作者
孟庆斌
王宇嘉
Meng Qingbin;Wang Yujia(Renmin Business School;Bank of China Research Institute)
出处
《经济界》
2025年第5期15-19,共5页
Economic Affairs
关键词
中国企业出海
对外直接投资
投资结构布局
Chinese Enterprises'Overseas Development
Outward Foreign Direct Investment
Investment Portfolio Configuration
