Aornial mealnocarpa Elliot is a rare tree species that combined edible, medicinal, ornamental and ecological values. This article analyzes the economic value, domestic research and development status and development trend of A. mealnocarpa. Heilongjiang Province has been hurried to introduce A. mealnocarpa, lack of understanding of the characteristics of the tree species, resulting in serious cold damage and great economic losses. For these issues, proposals are put forward to promote the development of A. mealnocarpa planting industry.