This study examines the relation between accounting conservatism and debt contracting. Using C-Score proposed by Khan and Watts (2009) to measure accounting conservatism and Dealscan syndicated loan data, we are able to examine the relationships of company’s accounting conservatism and the loan contracting, such as spread, loan size, maturity and collaterals, etc in China. We find that firms that are more conservative in accounting are offered lower spread, larger loan amounts, and longer maturity. Results reveal that Chinese banks become more carefully on this accounting information.