Abstract: In constructing first-class universities with “undergraduate-oriented, four returns” characteristics, the value, content and method of the undergraduate education evaluation system have attracted widespread attention. In the field of value, there is a global trend to promote the first-class undergraduate education amid the “great changes unseen in a century”. The cultivation of talents also shoulders a great responsibility to meet the needs of realizing the Chinese dream of the great rejuvenation of the Chinese nation, and it is also a concrete embodiment of the Marxist concept of human development in the macro dimension. In the field of content, the current evaluation system of undergraduate education in China’s “double first-class” colleges and universities generally shows the diversity of the evaluation system, the systematization of internal logic, and the comprehensiveness of the content dimension. This suggests that the student evaluation system of first-class undergraduate education with Chinese characteristics should make a construction that adapts to its value and content in terms of value orientation, evaluation form and evaluation system.