The scale of ABS market in China is huge，and the main products involved in consumer and AR which has developed rapidly. Securities companies dominate the ABS underwriting market，and the issuing markets appear quite different in various places. The trust company expanded the business scale and gained professional experience through the credit ABS，and played a more important role in ABS and ABN market. According to the trend of tightening regulation，the ABS market will be unified and the standard ABS will lead the market. The trust companies should upgrade the professional skills and consolidate the ability of underwriting to gain more market ratio in ABS.