The Wage Guideline System is one of the macro-control tools of enterprise wage distribution established during the transition from planned economy to market economy. It has been continuously improved and expanded in local practice and played a more and more important role in wage collective negotiation and wage regulation of state-owned enterprises. However，since the introduction of the system in 1997，great changes have taken place in China’s socio-economic background and national distribution principles and objectives. Objectively，it is necessary to revise the system in accordance with the requirements of the modernization of national governance system and governance capacity and the transformation of government functions. Suggestions for improving it include：adhere to the overall goal of the system and expand the scope of application of the system；change the regulatory thinking and improve the indirect regulatory function；adjust the regulatory method to promote better integration between the market and the government；and so on.