Many studies have shown that experimental umbilical cord blood stem calls are even more primitive, more self-renewal, differentiation and reproductive potential of ex vivo expansion than bone marrow stem cells and peripheral blood stem calls. The preservation of cord blood stem cells and umbilical cord blood transplantation, and other clinical applications have made significant progress, but blood is also facing many problems. This article reviewed a variety of cord blood stem/progenitor calls of the biological characteristics of liver calls proliferation, differentiation, and the building of umbilical cord blood bank of neurology in clinical application.