The invention relates to a conductive mesh. The conductive mesh is of a graphic grid structure composed of multiple carbon nanotube composite wires. Each carbon nanotube composite wire comprises a carbon nanotube signal yarn and a metal layer. Each carbon nanotube signal yarn is formed in such a manner that multiple carbon nanotubes rotate along the axial direction of each carbon nanotube signal yarn and are twisted. Furthermore, the invention provides a touch panel utilizing the above conductive mesh.