Abstract: By analyzing the fluctuation of raw milk price,imported breeding cattle and the growth rate of raw milk production of Chinese dairy farming industry after 1980,this paper proposed that the existence of the Chinese dairy cow cycle similar to typical husbandry cycles.The Chinese dairy cow cycle has a cycle length of 8 to 9 years,which can be further divided into two stages：prosperity and depression.The mismatch between the supply and demand of raw milk caused by the unbalanced growth rate of consumption,the irrationality of practitioners,and the longer cycle of dairy cow reproduction may be the deep cause for the cycle.Through replacement of four round cycles,positive changes have taken place today in the industrial quality,integration of farming and processing and modernization for Chinese dairy industry.The proposal and research of Chinese dairy cow cycle have positive function to industry management and enterprise operation.

Key words: Chinese dairy industry, dairy cow cycle, dairy industry outlook