Based on the survey data of 718 new agricultural operating entities in Hubei Province in 2016, the principal component analysis method was used to comprehensively evaluate the factors affecting the growth of new agricultural operating entities. The results indicate that the policy environment and administrative environment have a high impact on the growth of new agricultural operating entities, followed by human environment, production and operating characteristics and family characteristics. The household characteristics have the lowest impact on the growth of new agricultural operating entities. Finally, it came up with the policy recommendations.