The transition of business cycles has seriously affected the asset quality of commercial banks. Therefore, a rising credit risk has become an inevitable trend. ANBOUND research team states that quality management for liabilities can be regarded as important method, but won't be fundamental solution. In order to mitigate the cyclical risks from commercial banks, efforts should be taken to turn credits and loans into asset securitization, treat financial products as direct financing tools, allow financial products to be listed on Exchanges and inter-bank bond markets, transform and streamline the banking business model as well as transfer the risks to society.