To accelerate the process of building industrialization, currently, precast reinforced concrete shear wall structure has been a heated research topic in China. This paper presents a general review of the following aspects of precast reinforced concrete shear walls: 1) performance of precast concrete shear wall structures in previous earthquakes; 2) state of the seismic behavior of precast large panel structures, un-bonded post-tensioned precast concrete wall structures, superimposed slab shear wall structures; 3) state of the horizontal connection, vertical connection and reinforcement connection of precast concrete shear walls. A brief introduction is also included about seismic design code of precast shear wall structures. Suggestions and conclusions are also put forward for the further study.