China has prepared the capital gains tax policies (CPTP) as early as in 1994, nevertheless, the detail and timeline remain uncertain. ANBOUND think tank scholars suggest that the hazy status of the tax can not last long. Under the increasing pressure of finance and tax, the government should value the implementation of CPTP. Particularly along with the policy expansion of Shanghai Free Trade Zone, which makes the CPTP clear, the levy of the tax is an irresistible trend in the long term.