the seed of tree paeony native to china could be squeezed oil with high seed yield and seed oil quality , which are small shrub and very hardy and adapt to so vast different climate, soil condition areas. It is very important to develop the tree paeony oil industry for the safety of Chinese food oil production , the ecologic conservation of national land as well as the increase income of the person in the desolate countryside and promotion their life level. The paper presents the main problems existing in the new oil industry and propose some strategies in the future.