This paper analyzes the data of futures price of EUA , the industrial production index and the producer price index since 2008. The following results were obtained: In the short term the futures price of EUA is mainly affected by the fluctuation of itself,while in the long term it is influenced by the producer price index; In the short term a rise of futures price of EUA will lead to the increase in the price of industrial production field, and it is helpful to rapidly improve the speed of industrial development; In the short or medium term the improvement of industrial growth rate has the effect of lifting the futures price of EUA. But,basically, the adjustment of long-term economic policy may ignore the mutual influence between industrial growth rate and futures market of EUA, which provides a valuable reference to the construction of ETS in China.