Abstract: China's financial system has supported economic development for 30 years, and strengthened the mobilization of material resources increasingly. It requires transformation of social capital accommodation to build innovative country. It also needs China's financial system to allocate knowledge-based invisible asset effectively. China's financial system has to finish reformation and innovation tasks in a proper time, which are to perfect fundamental allocating function, and to increase the invisible asset input proportion in financial overall assets combination as soon as possible. Basing on the current financial structure, this article discussed future innovation and development of venture capital investment, asset markets, banking financial institutions, and related technology and information service institutes.