A display panel and a manufacturing method thereof, and a display apparatus are provided. The display panel includes: a base substrate, a plurality of pixels, and a drive circuit. At least one of the pixels includes a light-emitting device; the light-emitting device includes an anode electrode and a light-emitting layer; the anode electrode includes a first transparent conductive layer and a metal layer, the first transparent conductive layer completely covers the metal layer, and an orthographic projection of the metal layer on the base substrate is located in an orthographic projection of the first transparent conductive layer on the base substrate; the light-emitting layer is stacked with the anode electrode and is located on a side of the first transparent conductive layer facing away from the metal layer; the drive circuit is located between the base substrate and the anode electrode.