The current archives laws and regulations give little consideration to the archives retention when the enterprises have a big change. Temporary measures for the disposition of assets and property rights in state-owned enterprises mentioned the national archives as the legal receiving unit to receive bankrupt enterprises archives. However, the limited receiving capacity of the archives impedes its implementation process in practice, and then archives enterprises emerge. The draft of the Archives Law (Revised Draft) added some“reference” archives retention regulation in terms of bankrupt enterprises, but still lack targeted guidance. As archive retention of the bankrupt enterprises is rapidly marketing, it has become a top priority to strengthen the legal regulations as well as the guidance and control of the administrative management to the archives enterprises.