企业参与“一带一路”倡议的投资风险及对策

Investment risks in enterprises participating ＂Belt and Road＂ construction and countermeasures

近年来，我国对“一带一路”国家的经贸投资呈现出直接投资波动上升、工程承包增速较快、贸易占比不断提升的特点。文章以数据为依托，解读了我国对“一带一路”沿线的投资风险结构与特点，结合案例对主要投资风险及其经济内涵进行释义；并运用ICRG（The International Country Risk Guide）的计算方法，将投资风险进行指标分解与定量分析，计算比较了沿线国家的投资风险水平，从理论层面和操作层面给出企业防范对外投资风险的相关建议。

In recent years, the trade and investment in ＂Belt and Road＂ countries of China was characterized by： direct investments kept rising with fluctuations, project contracting has been growing fast and the proportion of trade with ＂Belt and Road＂ countries continued to be increasing. This paper, based on relevant data, analyses the structure and characteristics of investment in ＂Belt and Road＂ countries, and, by analyzing specific cases, interprets the definition and the economic meaning of investment risks. Using the ICRG （the International Country Risk Guide） calculation method, the paper decomposes the indicators of investment risks and conducts relevant quantitative analyses. The paper then calculates and subsequently compares investment risk levels among the ＂Belt and Road＂ countries, and offers related recommendations for the enterprises concerned to prevent foreign investment risks from both theoretical and operational perspective.