Abstract: Since the reform and opening-up in 1978, China has been going through drastic changes and gained a lot in its economic field, which stimulates great curiosity and draws much attention around the world. Thus a hot research field "The Research of Chinese Model" came into being with more and more scholars becoming interested in studying China. This paper first discusses the inappropriateness of the connotation of "Beijing Consensus" and the appropriateness of the connotation of "Chinese Model", then points out that "Chinese Model" is a set of institutional designs developed by the Chinese government in exploring the unique development road. This paper argues that the "Chinese Model" mainly includes political institution, economic institution, social institution, cultural institution and foreign affair institution. This paper also points out the corresponding tactics to make the "Chinese Model" sustainable after analyzing the characteristics of and the challenges facing the subsystems of the "Chinese Model".