本文根据近年来中国企业跨国并购的情况,分析了中国企业大规模并购外国企业的动因。寻求国内无法获得的所有权优势、内部化优势并利用东道国的区位优势,为获取核心竞争力从外部寻求竞争优势是中国企业跨国并购的主导动因,并提出相应建议,使之更好地参与跨国并购。 According to the cross-border mergers and acquisitions of Chinese enterprises in recent years, this paper analyzes the motivation of Chinese enterprises in large-scale mergers and acquisitions of foreign enterprises. It is the leading motivation for cross-border mergers and acquisitions of Chinese enterprises to seek the competitive edge from the outside for the acquisition of core competencies by seeking the advantages of domestic ownership and internalization advantages and taking advantage of the location advantages of host countries and make corresponding suggestions to make them better involved in cross-border M & As .