University technology transfer is of strategic importance to transform the academic knowledge into commercialization. China has been attaching greater importance to universities’ technology transfer, but their efficiency and success rate still remain relatively lower. Practices on technology transfer of leading universities from the UK and the USA can provide useful experiences. To improve competence and achieve sustainable development of technology transfer, universities in China shall make continuous efforts in developing efficient operational structure and professional management teams, increasing researchers’ motivation, and promoting integration of research and industry, which, in the long run, will contribute to Double First-Class initiative and innovation in science and technology.