China’s capital market has changed remarkably in recent times, finally recovering after a long period of painful adjustment. In the depths of extreme market depression, people have profoundly experienced and understood some deep-seated problems confronting China’s capital market in the last four years. Our governmental regulatory authorities have been taking ameliorating measures in the fields of corporate governance, securities development, non-negotiable shares, etc. and achieved better results. In certain aspects China’s capital market has changed remarkably in recent times, finally recovered after a long period of painful adjustment. In the depths of extreme market depression, people have profoundly experienced and understood some deep-seated problems confronting China’s capital market in the last four years. governmental regulatory authorities have been taking ameliorating measures in the fields of corporate governance, securities development, non-negotiable shares, etc. and achieved better results.