The Dujiangyan Water-Conservancy Project is a great water irrigation works in Chinese cultural history, which led the Min River water to the vast Chengdu Plain, and created fertile and pretty "land of abundance". Now Chengdu is facing increased water demand stress due mainly to rapid urbanization. This paper first analyses the available water resources of Chengdu based on historical hydrological data from 1964 to 2008. The results show that the average annual water resources were 8.9 billion m³ in 1986 and 7.9 billion m³ in 2008 under various environmental conditions. The future tendency of water demand in city development planning is predicted by the Policy Dialogue Model (PODIUM). Finally, the strategies for water resources exploitation accompanying the sustainable development pattern are studied. The result illustrates that rational and careful management are required to balance the gap between water supply and demand