Chinese enterprises are the leading forces of global cross-border mergers and acquisitions in 2016; the capital surplus brought by China's rapid urbanization is the key reason to promote the overseas assets acquisition of Chinese enterprises. Now overseas mergers and acquisitions of Chinese companies have slowed down, and will continue to slow down significantly. Over the past few years, some Chinese-funded enterprises' overseas mergers and acquisitions adopted the approach of "scale expansion + high debt ratio", expanding the asset development to an "unbeatable" scale. When the extraordinary speed of expansion is in contrary to common sense, couples with the lack of substantial business support will cause logical problems to the security development of these enterprises. Therefore, the Chinese government is worried that such radical, and even highly leveraged mergers and acquisitions may lead to financial risks. In the current Chinese domestic financial regulatory environment, the scale of this year's new Chinese-funded enterprises overseas mergers and acquisitions may be significantly reduced.