The invention provides a double-temperature condensing two-stage compressing heat pump system. The double-temperature condensing two-stage compressing heat pump system is characterized by comprising a high pressure stage compressing mechanism, a low pressure stage compressing mechanism, a high temperature stage condensing mechanism, a low-temperature stage condensing mechanism, a high temperature stage evaporation mechanism, a low temperature stage evaporation mechanism, a frictional condensing mechanism, a heat exchanging mechanism, a first throttle mechanism, a second throttle mechanism and a third throttle mechanism; the high pressure stage compressing mechanism, the high temperature stage condensing mechanism, the frictional condensing mechanism, the low temperature stage condensing mechanism, the first throttle mechanism, the low temperature stage evaporation mechanism, the low pressure stage compressing mechanism and the heat exchanging mechanism are sequentially connected to form into a loop; the frictional condensing mechanism is connected with the second throttle mechanism and the third throttle mechanism; the third throttle mechanism is connected with the high pressure stage evaporation mechanism; the high pressure stage evaporation mechanism is connected with the low pressure stage compressing mechanism; the second throttle mechanism is connected with the heat exchanging mechanism. The double-temperature condensing two-stage compressing heat pump system has the advantages of reducing energy loss, improving stability of system operation, meanwhile enabling low temperature heat source in different stages to be used and enabling heat of a low temperature condensing mechanism to be fully used.