Abstract: With the perfection and development of China’s socialist market eco nomy,trust trade,being a principal part of finance,has played an active role in expanding financial services and enlivening our market economy,but the risks fer menting in trust trade are becoming more and more striking.This paper emphatical ly probes into the various causes of risks forming in trust trade and countermea sures of risks averting and controlling under the background of our country’s gr eat efforts in improving capital market and quickening the reform of state-owne d enterprises.