This paper summarized the development of twinning induced plasticity(TWIP) steel.It emphatically introduced that a key factor for TWIP effect is to have a stable austenitic texture and a low stacking fault energy,effect of major alloying components on structure and properties of TWIP steel,the stacking fault energy and its calculation,mechanical properties of the first and second generations of TWIP steel,impact of temperature,strain rate and processing technique on TWIP steel,micro-mechanism of TWIP effect.