The development of today's world is becoming more and more globalized, financial opening is the general trend, and the government is gradually strengthening the financial opening. At the same time of rapid development, can we keep rational, achieve the maximum benefit, and not cause a huge crisis loss due to the neglect of risks? Finance is of great significance to the development of a country, and the financial opening also makes the development of a country more efficient, faster and more diversified. However, under the great temptation, the role of the government appears to be very important. Therefore, this paper will begin to analyze the risk awareness and means of financial openness and government governance, to emphasize the co-existence of development and risk and how to better play the role of financial openness.