The motion of owners’ is the source and security of corporate governance. Unfortunately, the motion mechanism is deficient in China. The causes of this phenomenon include the separation of the terminating ownership of property and the flaw of China’s stateowned enterprises’ corporate governance. To promote the corporate governance of China’s stateowned enterprises, we should improve the understanding of status and effect of the managers in China’s stateowned enterprises, robust the managers market, set up the effective mechanism to select managers and design the effective incentive and restricting mechanism for managers.