The Chinese government's working report this year proposes to strengthen corporate financial leverage constraints while promoting enterprises to revitalize the stock of assets at the same time. This means that enterprises, especially state-owned enterprises and banking institutions will accelerate the debt-equity swap and asset securitization, which will bring more market opportunities to the Chinese domestic asset management industry. However, because of the huge changes in the domestic economic situation, the difficulty of disposal of non-performing assets will be much higher than before. Although the main body of the market is richer, and can help the enterprises to reduce their leverage, liabilities and cost, the problems in the current market should be sufficiently noticed by the regulatory authorities, where solutions should be provided. Building a more standardized, more stringent regulatory, more active bad debts market will be more effective to resolve the risk of bad debts faced by the Chinese enterprises and banking institutions and attract more foreign funds to enter the relevant domestic market.