The collective forest rights transaction system is an important approach to achieve the economic benefit of forestry scale operation and also the basic goal of deepening the reform of collective forest rights system. However,subject to the restriction of land security function,the collective forestland transaction is facing problems such as the high cost of circulation, low-circulation willingness,complexity of the transfer process and so on. This is the result of the predicament of the system. The contract and management rights of collective forest land are subject to undue restrictions, the usufruct of forest land contract and management rights can't be fully achieved due to not getting the comprehensive safeguards of the law. Under the China's current economic and social conditions, China should put the woodland's social security function on forest land ownership,meanwhile make laws to protect the full realization of dispositions and income rights of collective forest land use rights, which lead to efficient transaction of the collective forest rights and provide" sustainable development of mechanisms for collective forestry.