The invention discloses an
etching solution, a
touch panel and a manufacturing method of the
touch panel, and the manufacturing method of the
touch panel comprises the following steps: providing a substrate which is provided with a display region and a
peripheral region; a
metal layer and a
metal nanowire layer are arranged, the first part of the
metal nanowire layer is located in the display region, and the second part of the
metal nanowire layer and the metal layer are located in the
peripheral region; the patterning step comprises the steps that
etching liquid capable of
etching the metal layer and the
metal nanowire layer is used for forming a plurality of
peripheral leads on the metal layer and forming a plurality of etching
layers on the second part of the metal layer at the same time, and the etching liquid comprises
hydrogen peroxide (0.2-40 wt%), acid (0.2-20 wt%), a metal
corrosion inhibitor (0.1-10 wt%) and / or a stabilizing agent (0.1-10 wt%). In addition, the invention also provides an etching solution and a touch panel. Patterning of the
metal nanowire layer or the metal layer is directly carried out through the etching liquid, so that the purpose of simplifying the manufacturing process is achieved, and the manufacturing cost is further controlled.