Accountingisaproductofthedevelopmentofcommodityeconomy.Atpresent,China'seconomyandtheworldeconomygraduallyintegration,China'saccountinggraduallybroadspacefordevelopment.China'seconomyandtheintegrationoftheworldeconomytodomesticaccountingbringsunprecedentedopportunities.Atthesametime,China'seconomicenvironmenthaschanged,accountingforagreaterimpactonthedomesticaccountingoftheworkfacingthechallengeevenmoresevere.BasedonChina'scurrenteconomicsituationandeconomicenvironmentfortheconductoftheanalysis,expoundedChina'saccountingunderthenewsituationwillhavetofacetheopportunitiesandchallenges.Finally,Ihaveaccountinghowtoseizetheopportunityanddealwiththechallengesputforwardsomeproposals.