This paper divided economic value of genetic resources into direct-use values, indirect-use values and potential values, estimated economic value of Amygdalus mira by with Market-price Methods, Defensive Expenditures and other processes, and offered a proposal for the protection and management of genetic resource. The economic evaluation of Amygdalus mira will provide an approach for the economic evaluation of genetic resource with tremendous value, and will be in favor of formulating biodiversity conservation policies and establishing the acquisition and benefits sharing institution of genetic resources.