After the concept of the New Silk Road Economic Belt was proposed, there were strong international and domestic repercussions. As an international public good, the international side promotes the globalization of the world economy with a win-win cooperation model, resists trade protection, and wins the full support of the United Nations, and more and more countries participate in it. Domestically, various economic regions have responded positively, and economic cooperation between China and countries along the Silk Road Economic Belt has become increasingly close, and investment cooperation has developed rapidly. The proportion of direct investment failures of Chinese enterprises in countries along the Silk Road Economic Belt is relatively high and the risks they face are greater, and the research on direct investment risk prevention in this field has not yet started, so it is of great significance to explore the risk prevention of direct investment by Chinese enterprises in countries along the Silk Road Economic Belt. On the basis of systematically reviewing the research trends of international and domestic evaluation institutions and scholars on direct investment risk prevention, this book summarizes the actual occurrence of China's outward direct investment, summarizes four main types of OFDI enterprises, adopts the Min key factor assessment method, combines the special political and economic background of the Silk Road Economic Belt countries to quantitatively assess the risks of the direct investment environment of the Silk Road Economic Belt countries, and makes a risk assessment of the Silk Road Economic Belt countries that are closer to the practicality of enterprises' outward direct investment. Further qualitatively analyze the ten types of external risks faced by Chinese enterprises in direct investment in the Silk Road Economic Belt, and propose corresponding prevention strategies for one-way risks. Through the investigation of typical failures and successful cases of Chinese overseas investment, this paper analyzes the internal risks faced by Chinese enterprises in outward direct investment, and puts forward 20 suggestions on preventing internal control risks of direct investment in the Silk Road Economic Belt on the basis of drawing on experience and lessons. Pakistan, the Philippines, Turkey, Saudi Arabia and Russia are selected to analyze the current situation and risks faced by China's direct investment in these countries, and put forward practical risk prevention strategies for enterprises to learn from direct investment in the Silk Road Economic Belt. Chapter 1 Introduction, this chapter starts with the rapid development of China's direct investment in countries along the Silk Road Economic Belt after the concept of the New Silk Road Economic Belt was proposed, and introduces the background of the research in this book. This paper reviews the development status of direct investment by Chinese enterprises in countries along the Silk Road Economic Belt and the research development trends of academic circles, and clarifies the purpose and significance of this book. Through the definition of the scope of the "Silk Road" in the narrow and broad senses and the definition of the concept of OFDI, the research object and scope of this book are clarified. According to the research purpose, select research methods, determine research ideas, construct a roadmap for the research content of this book, and explain the innovation of this book research. This chapter systematically reviews the development process of international direct investment risk theory research and method application, and points out that the research results of international investment risk mainly focus on three aspects: the theoretical construction of investment environment assessment methods, the release of investment environment assessment announcements, and the specific prevention strategies of investment risks by different scholars. Classic overseas direct investment environment risk assessment methods include investment obstacle analysis method, investment environment weighted rating scoring method, investment hot country cold country evaluation method, sampling evaluation method, etc. The release of popular investment environment assessment announcements is the result of the rapid development of quantitative risk analysis, risk rating research has become the main means of risk early warning, internationally renowned risk rating agencies mainly include Standard & Poor's, Moody's and Fitch, Economist Information Entity, Global Perspective, etc.; The mainstream of the popular risk assessment system in China is the "Sub-report" of China's overseas investment country risk rating report released by the Institute of World Economics and Politics of the Chinese Academy of Social Sciences in 2016, which provides a pertinent evaluation of the risks of countries along the Silk Road Economic Belt, and others include the "National Security Risk Assessment along the Belt and Road" issued by the Editorial Committee of National Security Risk Assessment along the "Belt and Road", and the "Belt and Road" published in 2017 National Security Risk Map along the Belt and Road", these assessment results are comprehensive, accurate, intuitive and clear for the risk assessment of the national macro field. In terms of research on outward direct investment risk prevention by domestic and foreign scholars, scholars from developed countries flourished in the fifties and sixties of the 20th century, mainly from the fields of economy, politics and culture. The research on OFDI risk by domestic scholars began in the 90s of the 20th century, and the research methods changed from initial qualitative analysis to quantitative analysis, and expanded from overall risk research to one-way risk research, industry risk research, overall assessment of country risk and other different fields, and the breadth and depth of research continued to increase. With the advancement of the Belt and Road Initiative, the risk research along the "Belt and Road" has been increasing, and the research results are mainly concentrated after 2014. The scholars analyzed from different perspectives such as the development of the China-Pakistan Economic Corridor, the selection of investment locations, political, economic and cultural risks, and energy cooperation, and put forward corresponding risk prevention strategies, which played a positive role in the risk prevention of enterprises' direct investment in the "Belt and Road". Chapter 3 on the risk assessment of the direct investment environment in the Silk Road Economic Belt, in the process of outward direct investment, in the face of the same country risk, due to the wide variety of enterprises themselves, the huge difference in risk factors, and the different risk perception and carrying capacity of the same countries, this chapter adopts a new perspective on the risk assessment of the direct investment environment of the countries along the "Silk Road", based on the Min key factor assessment method, and considers the focus objectives of the enterprise's own risks. Based on China's outward direct investment flows in 2015 and the top 100 outward investment enterprises in stock at the end of 2015, it is pointed out that China's outward direct investment industries and motivations mainly include four types, and the corresponding environmental risk assessment is also divided into four types: environmental risk assessment of outward direct investment by enterprises with absolute superiority in resources and reciprocity, environmental risk assessment of outward direct investment by enterprises with market expansion enterprises with core technological advantages, Risk assessment of the outward direct investment environment of enterprises with capital and technology advantages, and risk assessment of the outward direct investment environment of enterprises with comparative advantages and market expansion. According to the characteristics of different investment motives, industry risk concerns, and the actual environment of the host country, three parts were analyzed: selection and weight assignment of key factors, weight assignment and result evaluation, analysis of environmental risk assessment results, and evaluation and judgment analysis of environmental risk assessment indicators, and the environmental risk status faced by four types of OFDI enterprises in countries along the Silk Road Economic Belt was judged. Chapter 4 Research on the prevention and control of external risks of direct investment by Chinese enterprises in the Silk Road Economic Belt, under the "Belt and Road" initiative, the tide of internationalization of Chinese capital will continue to rise, the construction of the Silk Road Economic Belt Chinese enterprises' outward direct investment continues to develop, and the external risks faced are complex. It analyzes the economic risks, conflicts between powers, competitive risks, regional risks, natural risks, disease risks, commercial fraud risks, and labor license and visa difficulties faced by Chinese enterprises in direct investment in the Silk Road Economic Belt, analyzes the current situation and causes of such external risks, and puts forward practical and feasible risk prevention strategies for direct investment in the Silk Road Economic Belt. In the Silk Road Economic Belt, direct investment in economic risk prevention should be strengthened from the government's point of view, and the publicity of geographical advantages and win-win goals should be strengthened, and the process of signing bilateral investment cooperation agreements should pay attention to bilateral reciprocal market opening; From the perspective of enterprises, trade and investment should replace each other, fulfill corporate social responsibility, create shared value, alleviate the antipathy of the host people, and reduce economic risks. The risk prevention of conflicts between the forces of various countries is based on the fact that the relationship between various forces should be properly handled at the government level, and enhancing the country's economic, scientific, technological, and military strength is a fundamental strategy; Based on the enterprise level, we should actively use various risk management businesses to avoid risks, and select competent partners or consultants to solve problems encountered in operation. Competitive risk prevention should pay attention to various risks arising from the game of big powers, learn from international experience to make good use of the Silk Road Fund and the AIIB, learn from international experience to do a good job in international development assistance, and strengthen international economic coordination. Regional risk prevention should always pay attention to the changes of these contradictions and avoid investing and setting up factories in the contradiction areas; It is impossible to avoid risk areas, and it is necessary to actively predict the risks that may be induced, weigh the pros and cons, and minimize the risks. Natural disaster risk prevention, when investing in the construction of new factories, it should avoid areas with frequent natural disasters and geological disasters and avoid ecological reserves according to the law of past disasters; For short-term cooperation such as trade, it is necessary to focus on studying local weather forecasts, choosing skilled drivers, equipped with cars with good performance, selecting experienced and capable followers, and avoiding extreme weather for transportation; Gain a deep understanding of the impact of drylands on investment. For disease risk prevention, government departments should avoid these diseases from entering China with economic cooperation and exchanges, and functional departments should use scientific management methods to quickly detect and prevent diseases from different countries and regions by targeted and purposeful high-tech means, so as to truly limit the spread of epidemic diseases to China; OFDI enterprises should train their employees in advance so that they understand the epidemic diseases in their regions and their degree of harm, so as to improve their personal preparedness. As far as possible, employees should be vaccinated with relevant vaccines, and for disease prevention without vaccines, employees should be insured for diseases whose insurance period is longer than the period of working abroad. Commercial fraud risk prevention, do not trust news of uncertain sources, operate in strict accordance with international practices, and carefully sign commercial contracts to avoid damage to interests. Labor permit visa difficulties risk prevention should properly solve the problem of labor visa for senior managers and technicians, middle-level managers and ordinary employees should try to localize employees, properly handle relations with trade unions, and learn to deal with law enforcement personnel. Chapter 5 Research on the Prevention of Internal Control of Direct Investment by Chinese Enterprises in the Silk Road Economic Belt, this chapter adopts a combination of practical research and network research, analysis and summary research methods, through tracking and investigating typical cases of China's outward direct investment success and failure cases (one of which is a typical case of Japan's overseas investment failure), analyzing the reasons for their success and failure, and analyzing the commonality of risks. Drawing on historical experience, a total of 20 internal control risk prevention measures for direct investment in the Silk Road Economic Belt were proposed: identify foreign luxury packaging "chicken rib" assets to avoid being deceived, identify the technological development prospects of the acquired company to avoid investment mistakes, set up a national special research institution to conduct continuous and in-depth research on foreign countries, overseas investment and employment abide by the law and prudently lay off employees, pay attention to regional differences, choose reasonable solutions to reduce financial risks, pay attention to environmental protection, and be good at using media to improve the environmental recognition of Chinese enterprises. The internal integration process sincerely impresses the other party to remove investment obstacles, inquires and forbids to clear up troubles, pays attention to details to eliminate hidden dangers and reduce direct investment risks, strengthens the geographical location and time planning of direct investment enterprises in countries along the Silk Road Economic Belt and the design of investment fields, distinguishes the authenticity of foreign experts' remarks, pays close attention to the media opinion guidance of Western countries, pays attention to the adaptability of the scale of enterprise development with the economic scale of countries along the Silk Road, and central enterprises should emphasize their commerciality when directly investing in the Silk Road Economic Belt. When investing in the energy sector along the Silk Road Economic Belt, it is necessary to clearly recognize the fluctuation trend of the energy market, use clear contract terms and purchase international insurance to cope with the vacillation of countries along the Silk Road Economic Belt, focus on precaution and supplemented by post-event measures, strengthen the approval and management of OFDI, learn from the experience of developed countries to strengthen the functions of relevant institutions, correctly understand the long-term nature of risks, and rationally evaluate enterprises' outward direct investment. Chapter 6: Research on Direct Investment Risk Prevention in Typical Countries of the Silk Road Economic Belt, although there are many countries along the "Belt and Road", typical countries have their own distinct risk characteristics, which have a far-reaching impact on China's outward direct investment. The selection of typical countries for separate attention is based on the uniform distribution in the four plates of Central Asia (which is more elaborated in the external risk research section), the West Asian plate, the China-Mongolia-Russia Economic Corridor and the China-Pakistan Economic Corridor, as well as the importance of countries in the four major plates, mainly including Pakistan, the Philippines, Turkey, Saudi Arabia and Russia, to analyze the current situation and risks faced by China's direct investment in these countries, and put forward practical risk prevention strategies for enterprises to learn from direct investment in the Silk Road Economic Belt. Chinese enterprises investing directly in Pakistan should seek a combination of local government protection and self-prevention, rely on the aid model to transition to business models, improve the tax treaty between the two countries with reference to multilateral tax provisions, respect local customs and promote cultural integration, and scientifically and rigorously select investment sites to mitigate natural risks. China's direct investment risk prevention in the Philippines should actively implement the macro strategy, actively avoid political risks, establish a security risk assessment and early warning mechanism for the Philippines, carefully select investment regions, and accurately locate investment fields. For Saudi direct investment, it is necessary to pay close attention to the situation and trends, timely inform and properly deal with it, strengthen economic ties, and fully understand the Saudi investment environment. Direct investment in Turkey should pay attention to the containment of interests, avoid the risk of expropriation and confiscation, weigh the economic situation, pay attention to investment details, pay attention to anarchic organizations, learn to deal with the media, pay attention to its own brand building and enhance corporate image. Direct investment in Russia should strengthen guidance for investment enterprises, fully understand the Russian investment environment and strengthen feasibility analysis. Chapter 7 "Belt and Road" development and prospects, the "Belt and Road" initiative after the proposal of the measures to benefit the people along the route, to April 2017, Shanghai, Liaoning, Zhejiang, Henan, Hubei, Chongqing, Sichuan and Shaanxi 8 new pilot free trade zones were established, China-Europe Express was opened, the Asian Infrastructure Investment Bank, the BRICS New Development Bank, the "Silk Road Fund" were established and successfully operated, the construction of cross-border free trade and investment cooperation zones, the release of big data reports on trade cooperation, and the establishment of cross-border trading platforms between bilateral countries. The penetration of communication cables has laid a solid foundation for the development of the Silk Road Economic Belt. Based on the concept of global shared prosperity, the Belt and Road Initiative is by far the most popular international public good and the most promising international cooperation platform, the Belt and Road Initiative will greatly promote infrastructure development, investment and trade flows and good economic development in participating countries, and the investment and economic growth it will drive will create thousands of jobs and benefit more people.