The 2010 Asian Games was held in Guangzhou. The city’s Panyu District prepared for and hosted the Games，which will promote economic and social development in the district，encourage an improvement in standards of urban planning and construction，expand urban space，improve the city’s image and overall competitiveness，but also put pressure on Panyu District and adversely affect a number of economic and social areas. How Panyu should take advantage of the opportunity presented by the Asian Games and maintain the sustainable economic development arising from the Games into a wider economic and social function will be the focus of this current research，and there will be particular discussion of topical issues including the significant impact on specific industries or fields and risks that need further consideration.