Heterogeneity and the Choice of Internationalization Path of Chinese Enterprises

Since the reform and opening up, China's economy has been further integrated with the world economy. Especially in the past two decades, China's foreign trade and foreign direct investment have maintained a rapid growth. More and more Chinese enterprises are actively choosing to participate in international competition. During this process, some Chinese companies have achieved great success in overseas investment, Therefore, what kind of Chinese enterprises are suitable for "going out", how to choose the optimal mode of overseas investment, and what kind of enterprises are suitable for overseas investment mode have become the urgent problems for Chinese enterprises in order to successfully realize overseas expansion. Under the concept of the enterprise heterogeneity, this paper tries to answer the above questions by analyzing the facts of current internationalization path choice of Chinese enterprises, and provides relevant suggestions on how to correctly choose the internationalization modes for Chinese enterprises.