The trust industry in China can be traced back to the early 20th century. Contemporary trust industry originated from the reform and opening-up, which has played a positive role in making up for the shortage of traditional single bank credit in China, using idle social funds, introducing foreign capital and expanding investment channels, and has played a positive role in China's economic development. With the development of market economy and the deepening of reform, the huge growth of social wealth, the diversification of property rights system and the acceleration of building a well-off society in an all-round way, it is imperative to entrust others to manage and dispose of their own property. The promulgation of "one law and two regulations" will lay a legal foundation for the healthy development of the trust industry. According to preliminary statistics, from 2002 to the first quarter of 2003, more than 40 kinds of trust products have been launched in the market, and more than 7 billion yuan of trust funds have been absorbed. At the same time, the securities market fund, as a standardized and typical trust product, has been used in people's daily life.