During the recent annual plenary sessions of the People's Congress and the Chinese People's Political Consultative Conference, the issue of the reform of the financial system was discussed enthusiastically; the authorities have stressed the need to form a matching regulatory system, especially the financial co-operation's tactical regulation. In this regard, Anbound researchers believe that the future regulators may require some of the financial enterprises lacking of competitiveness to "return to the main business", while providing opportunities of mixed operations for some promising financial institutions. However, the so-called “champions" selected through the regulators have certain drawbacks, such as intervention in the operation of the market and "rent-seeking" problem. The regulators will still need to build a reasonable regulatory system in the future, to clarify the rules of the market and give a greater voice to the market mechanism.