Under the guidance of “the Belt and Road” initiative,Chinese enterprises accelerated the pace of overseas terminal investment and contributed to the“China Program”for the global port development.However,the international terminal investment is a highly market-oriented field.It is a complex system and the investment risk should not be underestimated.This paper will summarize the experience and lessons of overseas terminal investment of Chinese enterprises with the guidance of“value investment under the premise of risk control”.According to the principle of systematicness,typicality,operability and comprehensiveness,and from five dimensions including the business environment,market potential,competition situation,country value and investor advantages,we construct an overseas terminal investment layout decision-making index system,which is composed of twenty-three core indicators in three levels,based on AHP (analytic hierarchy process),hoping to provide decision-making reference for overseas investment layout for Chinese enterprises.