The utility model provides an amusement and learning system of an electronic pet comprising an input unit used for receiving an input and operational order of a user; a storage unit used for storing the user information, the pet information, the teaching material information, the cartoon information, the learning progress information and the system program information; a display unit; a speech output unit; and a controlling and processing unit connected with the input unit, the storage unit, the display unit and the speech output unit; the input unit comprises at least one speech input unit; the signal controlling and processing unit also comprises a central processing unit, a speech recognition unit and a voice compression/decompression unit, the speech recognition unit recognizes a voice from the speech input unit, and changes the voice into a speech waveform. The utility model has the advantages of that the man-machine speech interaction is realized, and the data is updated and stored dynamically.