Abstract:The paper overviews the researches on the relationship between the headquarters and foreign subsidiaries of multinational companies.Based on the questionnaire research, this paper finds that most of the subsidiaries of Chinese going global companies have low management localization level, depend highly on the supplement of home country, centralize the decision power to the headquarters, and obey the ideology and management ways on the headquarters and to be an absorber on technology and knowledge It is urgent that the Chinese going global companies should transfer their status from global companies to transnational companies