Probit model is used in the paper to analyze the effect of financing ability heterogeneity on the propensity of firm 's OFDI based on firm- level panel data from 2004 to 2007. The result show s that internal financial ability and external financial ability change to the same direction w ith the propensity of OFDI,the ability of the internal financial ability and the commercial financial ability move to the same direction w ith the private firms' propensity of OFDI,but the effect on state ow ned enterprises ...