[Objective] The aim was to investigate the application effect of swine manure-straw returning and to determine the best mode. [Method] A field experiment under rice and wheat rotation with different swine manure-straw treatments was con- ducted to study the growth characters and output of rice and wheat, calculate the economic benefit and carbon dioxide emission reduction, and analyze the best mode of swine manure applying-straw returning. [Result] The swine manure-straw returning was conducive to the growth of crop, the highest outputs of rice and wheat were on the treatment of "30% swine manure and 20% straw and 50% chemical fertiliz- er", they were 7 874.57 and 6 427.00 kg/hm^2, and saved cost about 5 146.35 Yuan/hm^2, increased input 5 312.56 and 3 931.93 Yuan/hm^2, the greenhouse gas e- mission reduction was 1.30 t/hm^2 (calculated according to carbon dioxide on a dry basis). [Conclusion] The treatment of "30% swine manure and 20% straw and 50% chemical fertilizer" was the best mode of swine manure-straw returning.