[Objective] The aim was to analyze water and heat fluxes, CO2 fluxes and energy balance in wheat ecosystem in Luancheng County of Hebei Province. [Method] Based on data of water and heat flux, and CO2 fluxes, routine meteorological and biomass data in Luancheng in 2008, water and heat fluxes, CO2 fluxes and energy balance in wheat ecosystem were explored. [Result] The results showed that latent and sensible heat and CO2 fluxes were of obvious daily and seasonal changes; latent and sensible heat fluxes shaped an inverted U in daily change, and CO2 fluxes were of a U-shape; daily flux peak differed significantly. Furthermore, the change of latent heat, sensible heat and CO2 fluxes were closely related to environ- mental factors. Detailedly, the three were sensitive to light intensity and net radiation, and correlation coefficients were 0.92, 0.66, 0.65 and 0.90, 0.69, 0.74, respectively. Besides, the fluxes, sensitive to temperature, proved better in sunny day, especially for latent flux which is more sensitive to water in soils after precipitation. In addition, closure degree of energy balance in wheat fields was 0.91 and non-closure, caused by measurement error and neglection of heat storage, was observed, too. What's more. closure degree differed in months and time periods within a day. [Conclusion] The research concluded water and heat fluxes, CO2 fluxes, transport mechanisms and concerning factors, providing scientific reference for revealing mechanism of evapo- ration and heat dissipation of canopy, relationship between photosynthesis and water use efficiencyand energy distribution mechanism.