Property rights exchange market played an important role in the reform and exchange of state-owned property. However，with the completion of state-owned enterprise reform，only this business is not enough to support the market，reform and transition is imperative. on behalf of Beijing and Tianjin，the Property rights exchange market in Bohai Sea region start their exploration by diversification strategy. on the one hand，expanse non-state-owned property exchange business，on the other hand，actively explore market functions such as emissions trading，gold trading，land transfer，etc. one representative example is Tianjin equity exchanges.