This study collects data from the biggest joint venture of Chinese automotive industry.Building on the literatures and qualitative researches on the interrelationship between dynamic capabilities and enterprise's competitive advantage,the paper systematically proposes the main components of dynamic capability and puts forward some relevant propositions between dynamic capabilities and enterprise's competitive advantage.Firstly,the study finds that coordination and integration process is positively related to enterprise's competitive advantage.Secondly,the study finds that organizational learning process is the base of enterprise's competitive advantage.Finally,the study finds that enterprise's competitive advantage is driven by the reconfiguration and transformation process.In general,dynamic capability is positively affect enterprise's competitive advantage.