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International engineering contracting is a comprehensive international economic exchange activity and an international cooperative approach of economy and technology, the projects of which always have complicated and a wide range of contents, a long cycle, and a great amount of involved investment that mean great risks. The essay has further been clear about the build of the framework of financial risk evaluation in international engineering contracting by researching the characteristics of financial risk in international engineering contracting and relevant requirements to the financial activity main body. International engineering contracting is a comprehensive economic exchange activity. Via international tender, bid, negotiation and so on, the contractor provide their own technology, capital, labor, management, equipment, materials, and even permission right and finish the engineering projects or work on other economic activities according to the requirements of the project owners abroad and make an offer following the agreed contract conditions in advance. Because its projects always have complicated and a wide range of contents, a long cycle, and a great amount of involved investment, it has great risks. In order to avoid the financial risk in international engineering contracting, we must know its characteristics and relevant requirements to the financial activity main bodies. a. Objectivity. Under the condition of market economy, the law of value plays a leading role, which determines that financial risks exist in every corner of social production and life. So it's required that the financial activity main bodies pay attention to the financial risks and make a transformation from the pressure from the risks to the motivation of creation. b. Randomness. In international engineering contracting, there always exists the asymmetry of information acquisition, most of the people possess speculative psychology, and the movements of the market have a rapid change, which get various risk factors to produce and accumulate constantly and show in a sudden form in the final. That requires every financial activity main bodies pay close attention to all kinds of the change of the market environment. Once discovering the sign of the risks, they're supposed to take actions right away and make good preparations to cope with risks. c. Duality. The duality means that there're two possibilities in financial risks, earnings or losses. In other words, financial risks mean an uncertainty of bringing earnings and losses. High earnings are always along with high risks. Consequently, the financial activity main bodies are required to assess the risks they are faced with objectively according to their own development conditions and the surrounding market environment and realize the potential earnings and losses. d. Correlation.

The Build of the Framework of Financial Risk Evaluation System in International Engineering Contracting