This report firstly defines the basic connotation and range of governmental credit ability elements. It contains government physical resources and spiritual resources. Physical resource contains government asset and debt and spiritual resource contains the financial management ability，the integrity of governmental credit restrict system，the extent of government openness，the commitment guarantee level and the satisfaction of government behaviors. We built the governmental credit ability elements framework on this basis，deeply analyzed the influence mechanism of all elements to governmental credit ability，and summarized the development experience of governmental credit ability in our country. In terms of physical resources，the scale of government asset is expanding，the capacity that government revenue covers and balances its expenditure has been strengthened，providing a solid foundation for the governmental credit ability building. In terms of spiritual resources，the financial management ability has become more scientific，the legal system has been more robust，and the extent of government openness and the commitment guarantee level have been improved. But meanwhile，with the increasing of economic downward pressure of our country，the growth rate of fiscal revenue has declined，the government debt crisis has become increasingly prominent，and affected the fiscal sustainability. There are still problems in the relevant systems construction，such as inadequate supervision of government work，too broad legal provisions，and lack of disciplinary system for government dishonesty. The financial management ability is still insufficient compared to the requirements of national governance modernization. Therefore，this report puts forward some suggestions for these remaining problems：In terms of physical resources，we must pay attention to the cultivation of government’s independent financial resources，strengthen government asset management and performance management，strictly control government debt，and improve the efficiency of debt funds. In terms of spiritual resources，it is necessary to improve financial management ability，strengthen the construction of the administrative legal system，ensure the stability and sustainability of public policies，and promote the government openness. Under the push of building transparent government，we should strive to achieve legal decision-making，scientific decision-making，and democratic decision-making，and then improve public satisfaction.