For a long time, the ownership of rural collective economic organizations in China is vague, the rights and responsibilities are not clear, which restricts the development of rural economy. In 2017, the General Rules of the Civil Law was promulgated, giving rural collective economic with special legal person status, which put an end to the unclear status. By reforming the rural collective property rights system, adjusting the production relations, liberating and developing the productive forces, China has guaranteed the increase of farmers' income, and various idle rural collective property can also be put to good use. Only under the premise of working for the benefit of the people can farmers be actively involved in the construction of a new socialist countryside. China should improve the relevant legislation of collective economic organization, so as to deal with the rapid development of rural economy and many problems arising from it, at the same time, promulgate the preferential tax policy of rural collective economic organization and deepen the reform of rural collective property right system.