This paper analyzes the application status quo of pre-stressing anchor cable in China, puts forward the solution to solve the deterioration of pre-stressing anchor cable through the structural improvement and optimization of the anchor cable, reveals the advanced technology of whole bunch extrusion and shear dispersion applied to the new CPS shear dispersing anchor cable, and discusses the action mechanism of CPS shear dispersing anchor cable. According to the results obtained in this paper, the CPS shear dispersed anchor cable system with small drilling holes, high bearing capacity and high corrosion resistance will bring great benefits to the geotechnical anchorage construction in China.