| With the arrival of the era of "reading", people’s cultural life has become increasingly rich. The fast pace of life makes people need to read more quickly to meet their visual and spiritual needs, which makes the role of visual art in people’s cultural life become more and more important. Literary illustrations based on literary works, visualized the artistic conception and enhance the readability of literature. It becomes more and more popular with readers. Watercolor is extremely popular with a great many of illustrators because of its aqueous and poetic language. A lot of literary illustrations are mainly created by means of watercolor. It not only displays the artistic conception of literary works, but also meets the aesthetic needs of the readers and be loved by many readers. With the improvement of people’s aesthetic taste, the literary illustration becomes less subordinate and has higher artistic quality and aesthetic value. Graphic literary illustrations that based on novels decrease in the book market. Today picture books have been widely welcomed in the book market, among them the watercolor pictures also have its own position. This paper firstly gives a brief review of the historical development of Chinese watercolor illustrations, secondly analyses the influence factors and the approaches of the creation of watercolor literary illustration. At last, it summarizes the artistic value, aesthetic value and commercial value of literary illustrations. This paper uses the observation method, the literature research method, the comparative research method, the descriptive research method and the case study method to summarize the types and principles of watercolor literary illustrations and the development trend of the illustrations of Chinese watercolor literary illustration, then theorize it in order to use in the creation of watercolor illustrations in the future. |