Align with the large enterprises' growing combination of industry and finance in China, the finance companies are playing a more important role in the Chinese economy and financial sector, posing a lot of pressure to the banking industry. The banking industry has to face direct competition and cooperation from the finance companies. Anbound research team highlighted that the development of the finance companies will promote industrial transformation. To deal with these companies, the banking industry needs to find its own competitive advantage and further cooperate as well as compete with them in order to achieve win-win situation.