Recently, securitization markets are developing in China based on the strong support and directive of the Chinese government. Securitization of financial assets and markets mainly in the US and Europe were strongly damaged due to the collapse of Lehman Brothers. In other words, securitization of high-risk financial assets and abuse of securitization were major causes of actualized financial risks. After that, many financial institutions became cautious on securitization and regulators, for instance financial authorities and central banks in each country and international regulatory bodies like the World Bank and the Bank for International Settlement enhanced regulations. In China, government and governmental bodies regulate strongly with reference to past cases in US and Europe, and markets are developing safely now. But in recent years, the amounts of securitized securities of nonperforming loans are increasing rapidly. Regulators and investors to Chinese financial assets will need to be cautious regarding this situation.