The direct utilization of CO 2 by electroreduction is a promising route to achieve valuable chemicals and realizing a negative carbon cycle. Nanostructured Bibased materials have attracted large attention due to their multiple advantages, however, the influence of metal leaching in modulating their catalytic performance remains unclear. Herein, metal Ce is taken as a typical example to study the structural and performance regulation of a Bi 2 O 3 -derived electrocatalyst for CO 2 reduction. The postcharacterizations prove the leaching of Ce metal sites during in situ electroreduction and the formation of active crystal plane of the Ce leaching-derived Bi nanosheets (CLD-Bi Ns). As a result, the Faradaic efficiency (FE) of formate maintains over 95% in a wide potential range of −0.5 to −1.0 V for the CLD-Bi Ns catalyst, along with a high current density of 272.6 mA cm −2 at −0.8 V versus RHE in a flow cell. The in situ FT-IR confirms the appearance of key *OCHO species with continuously applied potentials, and the DFT calculation demonstrates the optimized free energy of *OCHO and *HCOOH intermediates on the (012) plane of CLD-Bi Ns sample, resulting in the improved catalytic performance. This work provides an effective and promising strategy to improve the catalytic performance of other materials for CO 2 electroreduction.