With the constant promotion of the urbanization, the land-lost peasants increase rapidly in China. Land-lost peasants, not only lost their social security brought by their own land, and can't get social security rights as ordinary citizens. If combined with unemployment, land-lost peasants became a new urban social vulnerable groups. How to settle the land-lost peasants reasonably has become a prominent social problem which is related to the development of economy, society steady and building a harmonious society. Research about land-lost peasant has aroused the widespread attention of scholars. Land-lost peasants’ type, number, spatial distribution and urbanization process has caused China’s scholars’ attention and theory’s innovation. In recent years, land-lost peasants’ research has formed different research centers and built new frontiers. Except obtaining employment, promoting entrepreneurship is the problem to keep sustainable livelihoods of the land-lost peasants. This paper gives policy proposal based on land-lost peasants’ entrepreneurship status. KeywordsLand-Lost Peasants;Urbanization;Vulnerable Groups;Entrepreneurship;Policy Proposal (Key Words)