The two-way investment of Chinese and European enterprises is growing. The number of Chinese enterprises entering Europe is increasing year by year. At the same time, European enterprises will increase their distribution in China. Due to the differences in business environment, business practice and legal governance between the two sides, what are the changes in the investment and operational risks of multinational enterprises under the new investment agreement and rules? What should multinational enterprises do to deal with it? Moreover, the proportion of security considerations in investment of European enterprises is gradually increasing. At the same time, some other new legal requirements are put forward. What can multinational enterprises do to manage local compliance risks?