The article is a descriptive study on the female images in the novel Shuihu Zhuan. It largely follows Julia Kristeva’s semiotic and feminist thoughts and adopts a combination of quantitative and qualitative methods. Typical examples are selected mainly from the novel Shuihu Zhuan published by Zhonghua Book Company. Through analysis, it’s found out that Shi Nai’an’s true attitude towards the females in the novel: neither misogyny nor women-hating, or looking-down-upon-women, but paying tribute to women’ s virtues, and these eternal women lead this novel to a new height. It hopes that the findings may shed some light to the study on women in literary works as well as the study of classic works.