Soybean industry is an traditional advantage in China, but in the powerful impact of foreign capital, national enterprises have a hard time. Since 2000 to now, it demonstrates outstandingly wide gap between soybean exports and imports, a persistently lower level of domestic production yield and per unit yield, high dependence on imports with 78.7% of the average in nearly 12 years and even more than 90% in the recent four years, planting area reduction year after year. In order to break the predicament, this paper chose four international grain and oil giants as national enterprise’s important competitors, which control more than 50% of domestic soybean processing ability and 80% of import source of soybean, including ADM, etc. Then their respective advantages and disadvantages were listed, tabulated, interpreted and analyzed. Based on this, this paper advances the development strategy of “borrowing the outside to complement the inside” and “going out”. The policies to strengthen government support, speed up technology innovation, strengthen foreign planting support system, and develop diversified species are put forward as strategic measures to revive national soybean industry.