Li Ang's novel《Mi Yuan》has attracted the attentions of many literary critics and scholars since it was published in 1991. But the central topics of their discussions are various, such as the theme, the structure, the characters, or the metaphors of the work. Among these topics, to say that Taiwan is the metaphor of a woman, a female body, or a colonial land of another nation (such as China) is probably the most popular and disputed one. This article will choose a different way from them, trying to deal with the two focuses of this novel: the narrative structure and the historical memory of 《Mi Yuan》. As this article suggests, by applying the Theory of Reception and the New Historicism, not only the real characteristics of the narrative structure and the historical memory of this novel will clearly appear, the real reputation of this novel will also be able to be objectively made.