The current bond trustee's qualification range is very broad,which is one of the important reasons for the poor implementation of the bond trustee system.The conflict of interest standard should be introduced to limit the qualification of bond trustee.Adhere to the ultimate goal of protecting the interests of bond holders by distinguishing between major conflicts of interest and general conflicts of interest,that is,major conflicts of interest are strictly prohibited from serving as bond trustees,and general conflicts of interest can take remedial measures to eliminate conflicts of interest or replace bond trustees after a bond default.In addition,the reward system and incentive system of the bond trustee should be adjusted to ensure the independence of the bond trustee,and the supervision function of the bondholders'meeting shall be fully exercise to promote the system to be truly implemented.