With the continuing development of Chinese enterprises and the formation of the global competitive landscape,"go global strategy" becomes the inevitable choice for Chinese enterprises. China's foreign direct investment grows rapidly,the vast majority of investment is from state-owned enterprises. China's foreign investment is mainly concentrated in Asia and Latin America,and more and more investors turn to take overseas merge and acquisition approach. Chinese enterprises "go global strategy" will help the enterprises to optimize resource allocation,and enhance the international competitiveness of industries. There are still some problems in the process of Chinese enterprises going global that restrict the implementation of the international strategy. Western countries "re-industrialization" also brings a negative impact on Chinese enterprises going global. To encourage Chinese enterprises to speed up the pace of "going global",we must give more policy supporting for enterprise,improve external political environment,guide enterprises through overseas acquisitions to achieve business model innovation,and increase risk awareness in enterprises oversea merge and acquisitions. <<