As China turned from planned economy system to market economy system, there were many economic crimes. Not many economic crimes were defined on the 79 criminal law of China. However, 1979 criminal law added a lot to crimes of disrupting the order of the socialist market economy, defined crimes of embezzlement and bribery for the first time. As the enterprises activities became active, the number of enterprise-related economic crimes increased. The article 162 in present criminal law is the regulation on the liquidation crime. In the process of its liquidation, a company or enterprise is not supposed to conceal its assets orrecord false information in its balance sheet or inventory of assets. A company or enterprise is not supposed to distribute the company or enterprise assets prior to full payment of its debt either. By done so, if a company or enterprise cause serious harm to the interests of the creditor or others, they shall be under criminal penalty. This criminal regulation should become more complete by examining names of crimes, criminal subject, criminal object, and criminal act.