China's policy of the bonds issue bonds and Countermeasures policy is effective in regulating the economy's main fiscal policy. When China's economic growth and social decline in the total demand, my choice of issuing treasury bonds as a proactive fiscal policy adjustments. Effective promotion of China's sustained and stable economic development, speed up the improvement of infrastructure construction, increase employment, improve the people's lives. When our economy was experiencing excessive investment, local overheating and inflation pressures intensify the situation, China implements a sound fiscal policy bonds to be effective in controlling the deficit and promote reform and economic growth. Really focus on treasury bonds funds of the state, education departments, public building, so that bonds play its maximum efficiency My first chapter bonds Profiles from our bonds through stage, the issue size, types of bonds, issuing these bonds on our profile. The second chapter of the national debt profile developed Western countries rich variety of bonds, According to the Financial Object of the different bonds and the different characteristics of a flexible classification. And commercial banks, mutual fund management institutions, social security funds institutional investors are major holders of government bonds. Personal smaller share holders. In addition, the developed Western countries, the issuing of treasury bonds will mainly be taken by way of auction. My third chapter bonds existence of issuers of short-term, the deficit debt, consumer debt, bonds did not truly become policy of fiscal and monetary policy integration, rapid expansion of the scale of treasury bonds, the cumulative risks intensify, bonds, the irrational structure seriously weakened the bonds functions of the fourth chapter of China's treasury bonds next fiscal policy and financial authorities to the monetary authorities should strengthen the two most coordination; rich varieties of bonds, short-term bonds issued, the increase of market liquidity; expand the bond market institutional investors scope and scale. Keywords : Overview of China's treasury bonds; Profiles developed bonds; The problem; Future Trend