Jussiaea stipulacea Ohwi, a native kind of floating vegetation resembling Alternanthera philoxeroides (Mart.) Griseb., is widespread in ditches, ponds and rivers of Taihu Lake Basin. Its growth habits indicate its potential use in aquatic ecological restoration in Taihu Lake Basin. The removal effects of Jussiaea stipulacea Ohwi on nitrogen and phosphorus in eutrophic water were further studied in indoor experiment, as well as in field observation. The results of indoor experiment show that in summer, the removal rate for total nitrogen was 60%, which is 1.6, 1.9 and 2.8 times greater than that of Eichhornia crassipes (Mart.) Solms., Alternanthera philoxeroides (Mart.) Griseb., and control, respectively, and the removal rate for total phosphorus was about 25%, which is 0.3 times lower than that of Eichhornia crassipes (Mart.) Solms., but 0.9 and 4 times higher than that of Alternanthera philoxeroides (Mart.) Griseb., and control, in winter, the removal rates for total nitrogen and total phosphorus were 23% and 20%, 2.3 and 1 times higher than that of control; Jussiaea stipulacea Ohwi also has good removal effects for ammonia and nitrite. And the results of field observation in Linzhuanggang River, Yixing City, show that the removal rates of total nitrogen and total phosphorus in July to October were 10.2%-19.6% and 23.4%-41.6% in the reach with Jussiaea stipulacea Ohwi, while only 0.1%-1.6% and 3.7%-5.6% in control reach. Based on its good purifying effect on nitrogen and phosphorus in indoor experiment and field observation, the indigene Jussiaea stipulacea Ohwi is recommended as one species of aquatic vegetation in phytoremediation for eutrophic water in rivers of Tailu Lake Basin.