Research method: The stage of contracting of project abroad conducted by China and existing problems are presented through review and analysis of development experience of transnational business conducted by Chinese project contracting enterprise. The analysis is made of risk that is one of limitation factors to transnational business. The countermeasures for prevention of the risk are put forward.
Research result and conclusion: Since reform and opening up outside, the contracting of project abroad conducted by China has developed step by step and got good result. Generally speaking, the Chinese contracting of project abroad is still in starting stage and has a large development space. There are lots of limiting factors for project contracting enterprise to go into transnational business, in which the knowledge and treatment attitude to the risk of transnational business are important factors. Therefore, risk should be pain attention to, the relation between risk and business development should be treated correctly, and the effective measures should be taken in order to eliminate risk.