Capital is a contradiction between creativity and destructiveness，historical progress and limitation，and this duality stems from its profit-seeking nature. Since the reform and opening up，capital has made a significant contribution to China’s economic prosperity and development. In the new stage of its development，problems such as the disorderly expansion of capital，the platform monopoly，financial anomie and interest imbalance，have become increasingly prominent. In order to improve the efficiency of capital governance in a comprehensive way，China should follow the cardinal principles of adhering to the Party’s leadership，adhering to the basic socialist economic system，adhering to the purpose of productivity progress，and adhering to the basic principle of equal emphasis on regulatory norms and promoting development，in order to construct and improve the whole-chain capital governance system and legal guarantee with guidance in advance，prevention in the process and post-supervision，in the areas of organization and operation of companies and Internet platforms，negative list supervision of market access，capital market supervision，financial industry supervision，supervision against monopoly and unfair competition，disorderly capital expansion withdrawal supervision，credit supervision，public capital base，business environment support，macro-economic control guarantee，and benefit distribution improvement.