Abstract: Although Chinese entrepreneurial activities are under an active circumstance in the global economy, the rate of Chinese entrepreneurial success is still low. This is because China's entrepreneurship policy supply cannot match the heterogeneous entrepreneurial model well. Based on the perspective of supply and demand matching, the independent sample t-test method and the multilevel regression analysis method are employed to empirically analyze the impact mechanism of the matching of entrepreneurial policy and entrepreneurial model on entrepreneurial performance by using MOS model. The results show that: (1) The policies of stimulating motivations and improving skills help to enhance the self-efficacy of survival-driven entrepreneurs and provide them with more entrepreneurial resources and opportunities. (2)The policies of stimulating motivations and increasing opportunities help to enhance the entrepreneurial self-confidence of opportunity-driven entrepreneurs and enhance their professional knowledge and practical skills; (3) The policies of increasing opportunities and improving skills can expand the social relations network of innovation-driven entrepreneurs and improve their organizational management. In view of this, the government should adopt heterogeneous entrepreneurial policy supply measures. For survival-driven entrepreneurs, this paper suggests that government should focus on the entrepreneurial policy of motivation-stimulating and opportunity-increasing. Government should emphasize on the entrepreneurial policy of motivation-stimulating and skill-developing for opportunity-driven entrepreneurs. Furthermore, government should intensify the entrepreneurial policy of skill-improving and opportunity-increasing for innovation-driven entrepreneurs.