The nationwide and local economic growth rates in the first quarter of this year are rather unsatisfactory. The national GDP growth fell below 7.5% meanwhile some of the provinces even below 5%. ANBOUND think tank scholars highlighted that there is a need to activate private capitals in order to stabilize China's economy. However, there are quite many latent rules and under table agreements that are unfavorable in attracting private capitals to participate in the economic activities. Private capitals will only feel assured to participate in the market if the latent rules are being eliminated and follow the rules of marketization. Thus, it helps in stabilizing the economy besides promotes economic transformation and upgrading at the same time.