Firstly, this paper analyzed current situations, major practice and existing problems of under-forest economy in Henan Province. Then, it made an in-depth discussion of guiding thought, principle and objectives, construction task and safeguarding measures of the under-forest economic development plan. Besides, it analyzed benefits of the under-forest economic development plan. By 2017, the area of under-forest economic land will reach 1.60 million hm2, create output value of 155.2 billion yuan (accounting for more than 20% of forest output value), provide 3.27 million jobs, and will greatly increase ecological carrying capacity of construction and development of the Central Plains Economic Region (CPER).