China's stock market enters a stage where the competition's rules as well as the competition's environment are changing continuously,Under such circumstances,to gain the competition advantages is of vital importarce to the existence and development of China's stock companies themselves. As a result, the stock companies should have a thorough analysis of the RBV theory at present, and evaluate its applicability to China's stock companies, Then they should come up with some reformational measures,aiming at improving the competition advantages of domestic stock companies. There fore they are able to make measonable use of the company's resources and accomplish the organic unity combination of the company's valued resources and its strategic administration. These are the key measures used by stock companies to gain the competition cedvantges.