This paper shows that there exist differences in the use of commercial bills among industries,which are in line with the relevant national policies and the development of Chinese commercial bill market.

With the advent of the Internet era,the traditional paper-based Commercial paper has been unable to meet market demand.

To change the present situation,commercial paper market must be developed on the basis of perfecting bankers’acceptance market.

Commercial paper market is the market in which big enterprises and non-bank financial institutions underwrite,accept,and discount commercial papers for the aim of short-term financing.

On the basis of define to commercial bills concept, in note function, profit analysis of source of market of our country commercial bank, and perfect commercial bills market of our country, have mercerization of interest rate, etc.

Based on the cultural background of traditional principal of 'JustPrior to Profit', and the historical context of profound changes ofprohibition from gamble in modern history, this dissertation studies thelottery in late Qing dynasty in the course from importation toimplantation, to localized commercial lottery and governmentallottery, till the running wild of lottery, and eventually being banned.