Abstract: In comparison with the Chinese classical novels,there are some new natures in New Novel publishing by press in Early 20th century:the location shifting from the edge to the centre in the literary structure，advocating of stylistic innovations and to write in common saying,the value pursuing from leisure or aesthetics to the grand narrative to enlighten and save society，narrative appearing the modernity spirits of seeking of being，overreaching selfish，and designing for the future.While in the literature field inclining to politics，the New Novel has many limits,such as the blood consciousness hided by collective fancy，the over displaying of narrative voice and the stripping of modernity，thus making it can not achieve the ranks of modern novels.

Key words: New Novel publishing by press, modernity