With the Relevant Benefitor Theory as a starting point,this paper states the necessity of strengthening corporation creditors' protection,and analyzes the status quo of China's legal system of corporation creditors' protection,then comes to the conclusion that there exists substantial defects and shortcomings. Based on this analysis,the authors bring forth some suggestions on improving China's legal system of corporation creditors' protection. It suggests that a legal person's personal veto system be introduced, bancrupcy and compulsory clearing system be established,creditor's checking and supervising rights and directors' system outside board be improved.