Diamonds and their mineral inclusions are valuable for studying the genesis of diamonds, the characteristics and processes of ancient lithospheric mantle and deeper mantle. This has been paid lots of attentions by geologists both at home and abroad. Most diamonds come from lithospheric mantle. According to their formation preceded, accompanied or followed crystallization of their host diamonds, mineral inclusions in diamonds are divided into three groups: protogenetic, syngenetic and epigenetic. To determine which group the mineral inclusions belong to is very important because it is vital for understanding the data’s meaning. According to the type of mantle source rocks, mineral inclusions in diamonds are usually divided into peridotitic (or ultramafic) suite and eclogitic suite. The mineral species of each suite are described and mineralogical characteristics of most common inclusions in diamonds, such as olivine, clinopyroxene, orthopyroxene, garnet, chromite and sulfide are reviewed in detail. In this paper, the main research fields and findings of diamonds and their inclusions were described: ①getting knowledge of mineralogical and petrologic characteristics of diamond source areas, characteristics of mantle fluids and mantle dynamics processes by studying the major element and trace element compositions of mineral inclusions; ②discussing deep carbon cycle by studying carbon isotopic composition of diamonds; ③determining forming temperature and pressure of diamonds by using appropriate assemblages of mineral inclusions or single mineral inclusion as geothermobarometry, by using the abundance and aggregation of nitrogen impurities in diamonds and by measuring the residual stress that an inclusion remains under within a diamond ; ④estimating the crystallization ages of diamonds by using the aggregation of nitrogen impurities in diamonds and by determine the radiometric ages of syngenetic mineral inclusions in diamonds. Genetic model of craton lithospheric diamonds and their mineral inclusion were also introduced. In the end, the research progress on diamonds and their inclusions in China and the gap between domestic and international research are discussed.