China's deposit insurance regulations will come into force on May 1st, 2015. ANBOUND think tank scholars point out that the introducing of deposit insurance system matches the market expectation. Deposit insurance guarantees interest rate marketization but hurts commercial banks with poor competitiveness. It will be a long time between the introducing and implementing of the system. The system itself will also be improved in the practice of dealing with financial risks. The effect of deposit insurance system in a short term shouldn’t be over estimated. However, as a basic system, introducing of this system has positive meanings.