The state has employed polices that is meant to encourage the identification and conversion of credits between universities both domestically and abroad. This is an initiative to integrate Chinese domestic universities with world-class universities abroad. Through conducting the research and sorting out the credit transfer system of top universities in both China and abroad, we found that there is still a long way to go before this policy is fully developed. We also found problems in the existing credit transfer system, and therefore, we proposed several mythologies to optimize the credit transfer system. Educational institutions should be innovative and use practical actions to promote the realization and improvement of credit recognition and conversion systems for higher education in China.