With abundant funds and advanced technology, supported by tremendous economic potential and motivated by profits, multinational corporations bring about severe threat to national industries of developing countries,while bringing about opportunities and challenges to home industries.In order to take advantage of the funds and advanced technology of multinational corporations and,at the same time,reduce their disadvantages,policies must be made and countermeasures must be taken.These strategies may include the following:while dealing with multinational corporations always aiming at their advanced techniques;maintaining guidance and control of their direct investment;banning multinational corporations from entering our financial market,etc.In short,efforts should be made to benefit the most from the economic capacity of the multinational corporations with minimal damage to our national industries so as to make greater progress.