Though China stock market has made some historical contributions to national socialist development and market economy system construction,it has got into crises caused by inconsiderable system design and policy misplay. Therefore China stock market progress must adhere the principle of starting with actual practice with down to earth spirit, must oppose the interferes from,left-hand idea and behaviors,must oppose mechanical application of western theories,must oppose bureaucracy disregard about stock market system construction and improvement, and investors' benefit.