The rapid development and innovation of China's domestic financial market has brought difficulties to the country’s financial supervision, and the contradiction between supervision and development is also increasing day by day. Anbound research team believes that this is essentially the competition between the regulator and the market supply-demand sides. Financial regulators should be balanced, but in reality, due to the slowness and complexity of financial supervision itself, the level of domestic financial supervision and legalization is not high, and this may intensify the contradiction between development and supervision. In the future, regulators need to develop sound regulatory effort through constant trial and error correction processes.