Recent years， constant creations have been achieved in moxibustion theory and technique， and the relevant research has also gained progress in the following aspects: moxibustion material， application method， quantity， physical characteristics and safety， action principle and mechanism study， and literature review， etc. Referring to the research result of moxibustion program of 973 project， this article elaborated and analyzed the current study status of moxibustion， and also pondered over and brought up the strategy of the development of moxibustion in the future.