It is reported that in 2017 the scale of China's new materials industry will reach 3.1 trillion renminbi, but majority if the industry will still be in smaller batches, and there are many problems in the application aspect; the investment requires long-term for the return and its high threshold also discourage venture capital while creating difficulty for smaller start-up projects. From the experience in other countries, new materials are basically dominated by the government and the military. Although the military needs a small amount, it can pay higher prices. However in China, due to the support of the national policy, the new materials industry has been overclocked by the capital. In this regard, China must be wary of new material detached from normal commercial value caused by capital infusion. The new material industry should be scientific, and cannot rely solely on spending to maintain development.