This paper, taking Nongza 66 as material, studies the most suitable sowing depth and sowing manner for floatable nursing seedling in water-bed (FNSWB) and the effects of FNSWB on seedling biological characteristics, and on yield components after the seedling is transplanted in the field. The resultss show that the suitable sowing depth of FNSWB is from 1.5 to 2.0 cm, and the best sowing manner was laying the seedling with slope, which bears high seedling setting rate and low seed coat rate. Compared with nursing by nutritive bowls(NBNS) , the seedling quality of FNSWB is superior than the contraast, such as the fresh and dry weight of shoot, size and length of root, root semi- diameter, and root density. The main root of FNSWB is remarkably well developed, the number of lateral roots is more than that of the contrast, and the weight of fresh root system is nearly two times of that of the NBNS.Compared with NBNS, the first budding and anthesis of transplanted cotton by FNSWB appear 3 ~ 5 days earlier, the number of fruiting branches increases2 ~ 3 more, the boll retention rate is 26.5% higher, and the rate of boll shedding is 4.2% lower. Therefore, the yield of cotton production is increased.