Based on experimental research, the bearing performance of the new column (steel tube-reinforced concrete composite columns combination strengthened with angle steel and CFRP) has been studied in detail by finite element method. A finite element model is established based on a series of assumption. The load-displacement curves are obtained. The influence of steel ratio and thickness of CFRP layers to the bearing capacity is analyzed too. The result shows that both the steel ratio and the thickness of CFRP layers have great contribution to the axial load capacity. The finite element analysis results and theoretical analysis which are in good agreement show that simulation results are generally right.