The invention relates to a two-channel speech enhancement system and method, and belongs to the field of speech processing. The two-channel speech enhancement system comprises a speech input end used for collecting speech information and a speech processor. The speech input end is used for collecting near-end target speech information through two channels, and the collected speech information is subjected to speech enhancement processing and then is transmitted to a communication equipment terminal used for receiving language signals, wherein speech enhancement processing includes the steps of time-frequency decomposition, power spectrum smoothness, feature extraction, attenuation coefficient generation, signal reestablishment and the like. According to the two-channel speech enhancement system and method, on the basis of the principle of computational auditory sense analysis, two paths of telephone transmitters are used as input, in a near-end speaking mode, good restraining and removing effects are achieved for strong background noise, the overall noise reduction effect is greatly superior to that of a current military 'near-speaking pressure difference' telephone transmitter, the signal to noise ratio can be effectively increased during voice communication, good speech quality is guaranteed, and the problems that the noise reduction effect of the military telephone transmitter in the prior art is poor and the speech quality is influenced are solved.