Since 2010, Chinas quasifinancial institutions have experienced a rapid expansion of the blowout period. However, with the slowdown of the macroeconomic situation, the development of the financial industry is weak, quasifinancial institutions are also into a bottleneck, industry drawbacks begin to show up, which threatens the regional financial stability. The companies in quasifinancial industry, such as microfinance companies, financing guarantee corporations, pawn banks, financial leasing companies have gained obviously rapid development in recent years. However, problems can not be neglected, eg. the subject of supervision is not clear, the legislation of supervision is incomplete, the functions of service and supervision are controversial, professional people are insufficient, and the methods of supervision are limited. In order to complete the supervision of our quasifinancial institutions, the subject of supervision should be unified, the level of legislation improved, the control of financing softened, the selfdiscipline of the industry enhanced, the technical system completed and human capacity building improved.