Having become a member of WTO,China witnesses its state owned financial companies be forced to think about the strategies to build up their competency. One of the best choices is to introduce a financial shareholding strategy, which is made up of several components, including streamlining group's governance structures, and creating a business innovation system and a risk management system. Of these elements, building up competency, and streamlining corporate governance structures constitute the system basis, while creating a business innovation system marks an effective approach for competency building.