The invention discloses a grease lubrication bearing system. The grease lubrication bearing system comprises a bearing structure and a lubricating grease circular drive device; according to the bearing structure, a lubricating space used for containing lubricating oil is arranged between the outer ring and the inner ring of the bearing structure, an oil injection hole and an oil draining hole communicating with the lubricating space are formed in the bearing structure, the oil draining hole is connected with a grease absorbing opening of the lubricating grease circular drive device, a grease outlet of the lubricating grease circular drive device is connected with the oil injection hole of the bearing, and a lubricating grease filter device and/or a cooling device are/is arranged between the lubricating grease circular drive device and the oil injection hole in a series manner. The lubricating grease filter device and/or a cooling device are/is arranged, harmful substance can be cleanedthrough the lubricating grease circular device, the optimal lubricating state can be maintained, the time of the optimal lubricating state is prolonged, the good lubricating is obtained, the servicelife of the bearing is prolonged, through the cooling device, the lubricating grease temperature is reduced, the lubricating grease liquidity is improved, the lubricating grease is injected into the bearing again, and the lubricating grease characteristic effect can be restored.