Abstract

Since 1977, the United States to develop, "Foreign Corrupt Practices Act" since the cross-border economic activities against commercial bribery, and gradually become a global trend. Currently, the major market economies have enacted laws, the United Nations, Organization for Economic Cooperation and Development and other important international organizations have also developed an international anti-corruption conventions. China's economy is "going out" strategy, a large number of companies have to go abroad to develop the international market, in order to protect cross-border economic activities in China's enterprises in the order of fair competition, China should develop its own "anti-commercial bribery laws overseas," which is both necessary and , is also feasible. Since United States enacted the Foreign Corrupt Practices Act in 1977, it becomes a world trend to ban commercial bribery in transnational economic activities. In the background that the main market-economy countries have already made relevant laws, that significant international organizations such as United Nations , the Organization for Economic Co-operation and Development also acted out enacted international conventions concerning anti-corruption issues, and that China is adopting "going-out" economic strategy with more and more Chinese companies taking active rules in international trade today, it is both necessary and possible for China to enact her own Foreign Anti-Bribery Act. For the purpose of achieving a fair competition order, it could be never too urgent a way out to protect Chinese enterprises' interests in the multinational economic transactions