The Study On The Choice Of FDI's Mode For China's Enterprises

Came to 21centry, as the process of economic development fastly, the world economy has been in a wider and deeper interdependence. Foreign direct investment (FDI) is increasingly becoming an important research topic in the field of international economy. But Chinese enterprises "going out" has just started, enterprises face many difficult choices. Enterprises foreign direct investment (FDI) are two important strategic decision. One is the location choice decision, two is the choice of entry mode decision. The two important decision not only decides whether the enterprise can make an efficient foreign direct investment, at the same time to the long-term development of enterprises have also had a significant impact. Therefore, enterprises FDI entry mode choice as one of the two important decisions, has been all the scholars on international direct investment research emphasis and focus, and to China, in the economic transition important moment, research enterprise foreign direct investment mode selection, but also has an important realistic meaning.The international financial crisis since 2008, world economy still did not recover from the crisis, the world's major economies frustrated, international capital flow volume dropped significantly, but the foreign direct investment in China still keep rising trend, large enterprises with foreign direct investment way to open up international market. A large number of enterprises" opportunities and machine"," going out" the pace of increase. In the global direct investment has fallen sharply in 2009, Chinese enterprise overseas investment has reached record heights, in dense fog on the international market, it is a bright future, the opportunity was significantly higher than that of the challenge. But many Chinese enterprises "going out" effect is poor, cause company suffered heavy losses, especially in recent years the overseas merger and acquisition. Chinese enterprises are still in the process of marketization, and at the same time to cope with the international market, is still a lack of information, lack of experience, financial difficulties, lack of personnel issues; and the transnational merger and acquisition stage requires a large amount of research, understanding of the merged enterprise local environment and enterprise information, but Chinese enterprise internationalization degree is not high, the data obtained capacity was limited, so that enterprises can not make accurate judgments, so as to make the wrong decision. In fact, some Chinese enterprises because they don't understand the target potential risks, act blindly, resulting in acquisitions can not meet the needs of enterprises, investment activities failed bitter resultsGreenfield investment and cross-border mergers and acquisitions of Chinese enterprises' foreign direct investment is two kinds of main mode, this paper due to space constraints, only a selection of these two kinds of mode analysis and research. Firstly, this paper reviews the domestic and foreign scholars on foreign direct investment entry mode selection of the relevant literature and analyzed on the basis of, briefly described the Chinese enterprise foreign direct investment entry mode choice of the current situation, analysed the effect of entry mode choice of various factors, put forward a series of hypothesis, and the use of two logistic regression model the main can be improved further by influencing factors empirical test. In the empirical conclusions on the basis of foreign direct investment of Chinese enterprises, scientific and rational choice of entry mode to provide some available countermeasures.