Development And Characteristics Of Chinese Enterprises In Transnational Merger And Acquisition

Since the 1990s,as the international market increasingly fierce competition,the trend of globalization is more obviously,internationalization and transnational business become a trend in today's enterprise development.In this context,China selects the manner of foreign direct investment to quickly enterprise internationalization.In recent years,as the developing of foreign direct investment,the relevant statistics show that in addition to the new investments,the transnational M&A gets more attention.After summaries the acquisition of research and theoretical literature,this article will based on the motives of I will use the data of China mergers and acquisitions published by UNCTAD,CV Source and China M&A market research report,Division of M&A wave,then analysis the Scale of M&A of every stage.Especially the changes in China's M&A target sectors after 2007 and the development of industry mergers and acquisitions in recent years of China.Discussion Chinese M&A market characteristics with trading volume and number of transactions in the form and combined with the corresponding cross-border M&A Case.Lastly summarize the following features of M&A in China:the scale of M&A expansion,Mergers and acquisitions industry shift from the initial mining industry,the oil industry and other resource sectors as energy exploration,finance,insurance and information technology and other service industries,Then into today's real estate,finance and information technology industries,and the other emerging industry of clean technology,the Internet and telecommunications trend to rapidly growth.After that,By the Analysis of Chinese enterprises' overseas M&A Cases,Learn from foreign experience in mergers and acquisitions,expounded the current problems of China M&A and make recommendations accordingly.Hoping to provide some valuable information for the future development of China's cross-border mergers and acquisitions,So that China can better understanding the domestic and foreign markets by M&A,Enhance China's opening-up and Enhance status of the Chinese enterprises in the global value chain.