Using ring friction testing machine and metallographic and SEM on three formula of carbon fiber reinforced PFFE composite materials (CFRP) and stainless steel under water lubrication tribological properties were studied, and analyses the influence of load, grinding time on friction coefficient and wear quantity. It was found that CFRP with carbon-fiber content of 15% mass fraction and the high temperature nitride treated OCr17Ni14Cu4Nb got a friction coefficient of 0.0ll under 200N load, sliding speed of 5 m/s , which is the lowest one between all of the similar materials in domestic reporting.15 min before testing, the friction coefficient decreased with the increase of load. After 15 min, the friction coefficient basically was stabilized at around 0.011-0.014, Main wear mechanism of the CFRP material containing carbon fiber is fatigue wear, the higher the carbon fiber content, the lower the friction coefficient; the applied load increases from100N to 250N, the wear quantity increases with load decrease, starting from250 N wear increases with load increase.