In the context of the deepening of "One Belt and One Road" cooperation, Chinese enterprises are increasingly favoring investment in ASEAN countries.In terms of the supervision of foreign direct investment, Chinese enterprises’ overseas investment needs to go through three major links: the approval of overseas investment by the commerce department, the approval or filing of overseas investment projects by the development and reform department, and the bank’s foreign exchange registration. If it is a state-owned enterprise, the overseas investment also needs to go through the procedures of filing and approval with the SASAC.In the review process of the landing country, it is necessary to review the access of the invested industry in accordance with the local laws and regulations of the country, including but not limited to the screening of the investment list, the setting of the equity ratio of foreign companies (or foreign natural persons), and the conditions for obtaining real estate, etc.