Advertisement as a connecting bridge between consumers and enterprises in China's growing economic life and played a great role, but the emergence of false advertising, as well as the proliferation of the spread of damage to the interests of consumers, but also disrupt the socialist market economic order. In this paper, Po Green Valley Ganoderma Lucidum as an example of false advertising, false advertising through the introduction of the meaning, causes, summed up China's false advertising at this stage of the status quo, in the analysis of China's false ads that liability, as well as the existing laws of false advertising regulatory system problems on the basis of the responses raised a number of laws.