Using carbon nanotube as field emitter, the field emission display (FED) panel with rectangular luminous layer was fabricated. The etched indium tin oxide (ITO) film was used as the ITO electrodes, and the phosphor powder was prepared to form the phosphor layer, so the rectangular luminous layer was fabricated on the anode back plane. In one anode pixel, the three anode sub-pixels would be included, which would reside on the same ITO electrode surface. The insulation layer would separate the adjacent anode sub-pixels and the adjacent ITO electrode, and the fabricated anode extension line was mainly used to reduce the excessive voltage drop. The FED panel with rectangular luminous layer possessed good field emission characteristic and high image brightness.