Since 1980s the management environment of commercial banks has changed suddenly. Just these elements which include the frequent wave of interest rate and exchange rate, the fiercer and fiercer competition in the field of finance and the rapid development of technical revolution push the management of commercial banks to the way of synthesis, electron and securitization. Meanwhile the pattern of managing has changed a lot, and the more noticeable of them is the rapid development of off-balance–sheet activities.
Nowadays，off-balance-sheet activities (OBSA) are taking a more and more important position in the business operating of commercial banking. In developed countries, the income of off-balance-sheet activities has exceeded which from traditional asset-liability activities. In China，The OBSA are also developing very rapidly in recent years. No matter on the scale，range or Professional level，however, there are still great disparity compared with the western countries. With the final opening of financial market，all commercial bank in China must get greater achievement in Product-innovation to take an advanced position in competition. The OBSA can bring more income to commercial banks; also bring more risks to banks. So the risk management of OBSA is particular important to modern management of commercial bank.
This paper state the intension of OBSA according to Base Committees，principle，and try to research the innovation models of OBSA in China today. Under the studying the risk of OBSA，give the strategy suggestions of innovation and the risk management of OBSA.
