Abstract: The emphasis on the natural language in the 20th century linguistic circle has brought about the concern of context in language study. At present, discussions abroad about context tend to be related only with some specific linguistic problems or problems of local significance while monographic study and discourse of context itself has not appeared. Started from Chen Wangdao, the Chinese linguistic circle has taken the study of context as a monographic study. The study places more emphasis on application, is limited within the discipline of linguistics, and lacks a comprehensive and systematic view of context, though. Of course, the study is of theoretical significance to the construction of linguistic categorical system and theoretical system and is of great methodological significance to linguistic research.