The hourly precipitation observation data from 2447 rain gauge records are used to verify and evaluate the satellite precipitation estimation products of Climate Prediction Center Morphing Technique (CMORPH) and Tropical Rainfall Measuring Mission (TRMM) 3B42 during 2007-2010 in China. The results show that the two satellite precipitation data are similar to ground gain gauge data in revealing the spatial patterns of daily mean precipitation amount. The pattern correlation coefficients of 3 h rainfall amount are over 0.5 and 0.4 in most areas, respectively. Bias of two satellite precipitation products are both between the positive and negative 0.25 mm, but there are significant difference between the north and the south. And the mean absolute error, relative error and root mean square error all have a significant seasonal periodic variations. The two satellite precipitation products can reflect the summer rainfall diurnal variation well in most parts of China, but there are also clear distinctions in some areas. The overall vacancy retrieval rate of CMORPH and TRMM 3B42 products are 7.23% and 2.63%, overall missing retrieval rate are 3.25% and 5.5%, respectively.