in Chinese capital market system, the bond market plays an indispensable role. The bond market plays a positive role in supporting the national infrastructure construction, promoting the marketing of interest rate and improving the capital market. At the same time, there also have a lot of problems in the development of Chinese bond market. This paper analyzes the current situation of the development of Chinese bond market, summarizes the risks and problems existing in the development of it, and put forward some Suggestions on perfecting and developing Chinese bond market