在转型升级的角度上讲,境外投资是基于全产业价值链的商业模式创新,境外并购是立足全球市场的资源优化配置。当前,无论是在世界经济的宏观层面,还是在企业经营的微观层面,转型升级都是一道必答题。世界经济在深刻的结构调整中负重前行,“四低一高”(低增长、低通胀、低回报、低贸易增长、高负债率)呈现常态化, In the perspective of transformation and upgrading, overseas investment is based on the innovation of business models in the whole industry value chain. Outbound M & A is an optimal allocation of resources based on the global market. At present, both at the macro level of the world economy and at the micro level of enterprise management, transformation and upgrading are all necessary questions. The world economy has taken the lead in profound structural readjustment. The “four lows and one highs” (low growth, low inflation, low returns, low trade growth and high debt ratio)