Panxi Area of Sichuan Province is rich in natural resources and also one of the nine-teen major territorial development areas.Hydropower,minerals and agricultural natural resources are the main resources in the area.After the establishment of modern iron and steel base and the man-made satellites launching base,it is very important to exploit water resources,construct hy-dropower energy base and improve facilities of conservancy for the sustainable development of e-conomy in Panxi Area.Based on the analysis of characteristics of water resources in Panxi,the urgency of exploit-ing water resources in the area is expounded from the angles of the adjustment of resources uti-lization and sustainable development of local economy.In light with the main problems of ex-ploiting water resources in Panxi Area,the corresponding countermeasures are put forwards:(a)the water resources should be comprehensively utilized through making overall plans and taking all factors into consideration;(b)the construction of national energy base should be combined with the realization of local electrification,and hydropower resources should be exploited in the light of local conditions;(c)taking the Anning Valley as a focal point,the speed of constructing key conservancy projects should be accelerated;and(d)taking advantage of west development,water re-sources should be exploited through various channels.