This paper focused on the pollution characteristics, sources and lung cancer risk of atmospheric polycyclic aromatic hydrocarbons (PAHs) in a new urban district of Nanjing, China. Gaseous and aerosol PM2.5 (particulate matter with aerodynamic diameter smaller than 2.5μm) samples were collected in spring of 2015. Sixteen PAHs were extracted and analyzed after sampling. Firstly, arithmetic mean concentrations of PAHs and BaPeq (benzo[a]pyrene equivalent) were calculated. The mean concentrations of PAHs were 29.26±14.13, 18.14±5.37 and 48.47±16.03ng/m3 in gas phase, particle phase and both phases, respectively. The mean concentrations of BaPeq were 0.87±0.51, 2.71±2.17 and 4.06±2.31ng/m3 in gas phase, particle phase and both phases, respectively. Secondly, diagnostic ratios and principal component analysis were adopted to identify the sources of PAHs and the outcomes were the same: traffic exhaust was the predominant source followed by fuel combustion and industrial process. Finally, incremental lung cancer risk (ILCR) induced by whole year inhalation exposure to PAHs for population groups of different age and gender were estimated based on a Monte Carlo simulation. ILCR values caused by particle phase PAHs were greater than those caused by gas phase PAHs. ILCR values for adults were greater than those for other age groups. ILCR values caused by total (gas+particle) PAHs for diverse groups were all greater than the significant level (l0-6), indicating high potential lung cancer risk. Sensitivity analysis results showed that cancer slope factor for BaP inhalation exposure and BaPeq concentration had greater impact than body weight and inhalation rate on the ILCR.