Along with the rapid development of edible fungus industry in China, the traditional mode of production giving priority to wood chips will be severely limited, and using agricultural waste distributed widely, having large yield, and containing high content of organic matter to produce edible fungus has good economic and ecological benefit. In this paper, based on the analysis of characteristics of agricultural waste in China, the present situation of application of agricultural waste in the production of edible fungi at home and abroad was introduced, and the main problems existing in production of edible fungi by using agricultural waste in China at the present stage were pointed out. Finally, the development direction of using agricultural waste to cultivate edible fungi was discussed, and some suggestions were put forward, such as improving the theoretical system for using agricultural waste to produce edible fungi, and establishing the standardized technical system for using agricultural waste to produce edible fungi.