It is important to elucidate the mechanism of low phosphorus tolerance in rice for the improvement of utilization efficiency of soil phosphorus. With two different rice varieties, low-P tolerant variety Yi 2434 and low-P sensitive variety Tongjing 981, the gene expression related to phosphorus absorption and utilization in rice seedling roots were determined by using gene chip and qRT-PCR technology. The phosphorus content showed that compared with the control group, the phosphorus content in the leaves of Yi 2434 decreased by a less percentage than that in Tongjing 981 under low-P stress, indicating that Yi 2434 had a high efficiency in phosphorus absorption from low phosphorus medium compared with Tongjing 981. The gene chip results showed that the expressions of PHR1, osa-miR399s and SPXs triggered the phosphorus starvation signal pathway, and the induced gene expressions of APA, PAPs, MPE, PA, PEPC and VDAC1, C4-DT/MAT enhanced the synthesis and secretion of organophosphorus hydrolase and organic acid, promoted the reactivation of insoluble phosphorus in media, and the induced gene expressions of OsPT2 and OsPT6 accelerated the absorption of phosphorus in Yi 2434 roots under low-P stress. qRT-PCR results showed that the transcriptional levels of the eight key genes(PHR1,SPX,PAP,APA,PEPC,MFS,OsPT2,OsPT6 ) related to phosphorus starvation signal transduction, phosphorus activation and efficient absorption were continuously increased along with the low-P treatment in Yi 2434 roots. Furthermore, the transcriptional levels of these eight genes in Yi 2434 roots were significantly higher than those in Tongjing 981 roots under the low-P stress and the induced expression of PHR1, APA, OsPT2 genes in Tongjing 981 roots was very low under low-P stress. Additionally, the activities of both acid phosphatase (APA) in the tissues of roots and secreted by roots in Yi 2434 increased more significantly than that in Tongjing 981, which is possibly one of the key pathway to confer Yi 2434 higher tolerance to the low-P stress than Tongjing 981.