The present invention discloses a system and method of testing a high-voltage circuit breaker. The system comprises a speed measurement sensor, a distance measurement sensor, a current sensor, a data acquisition and processing system and an industrial control computer. The insulation characteristics, the electrical characteristics and the mechanical characteristics, measured by the speed measurement sensor, the distance measurement sensor and the current sensor, of a high-voltage circuit breaker are sent to the industrial control computer through the data acquisition and processing system; the insulation characteristics are the leakage current and the insulation resistor of the high-voltage circuit breaker; the electrical characteristics are the opening and closing current and the measurement current; and the mechanical characteristics are the total motion time, the motion amount and the motion merge-joint direction of the high-voltage circuit breaker, and the accelerated speed, the acceleration time, the uniform motion speed, the uniform motion time, the deceleration process of the motion, the overshoot of the motion and the overshoot time when the motion starts. The system and method of testing a high-voltage circuit breaker are able to discover an abnormal state and predicate a fault period at the early state of the fault so as to fully make a service preparation and provide a technology basis for reasonably making the maintenance plan of a device, therefore the operation reliability of the power grid is improved.