During the formation and evolution of the South China Sea, a series of multiscale submarine geomorphologies have been produced in the continental margin. The obvious submarine canyons and channels are widely distributed in the continental shelf and slope of the South China Sea. In the Taixinan Basin, several submarine canyons and channels termed as the Taixinan canyon‐channel system (TCCS) are distributed between the active and passive continental margins. Based on acquired ship‐borne multi‐beam bathymetry data in this study and the global GEBCO 2023 bathymetric dataset, we identify and define nine submarine canyons and seven submarine channels in the Taixinan Basin. The TCCS consists of the Dongsha, Taiwan, Jiulong, West Penghu, Penghu, Kaoping, Shoushan, Kaohsiung and the Fangliao canyons and submarine channels. The detailed geomorphological features of different submarine canyons and channels within the TCCS are analysed and summarized using multi‐beam bathymetry data and seismic reflection profiles across canyons. Based on the slope variations of the continental margin and the effects of turbidity currents and bottom currents on canyon, we propose a three‐stage evolutionary model of the TCCS. In the initial formation stage of canyon, the initial erosional grooves were created by tectonic activity on the continental slope and it represents the foundation of submarine canyons. During the growth and development stage, the submarine canyons are further evolved and the canyons began to deepen and widen from the continental slope to the deep‐water areas. It shows the weak erosion and sediment infilling within the canyons in this stage. On the northern continental slope of the South China Sea, continuous transportation and erosion of sediments led to the initial formation of grooves and it becomes the embryonic stage of submarine channels. The present stage of the TCCS was formed when the initial grooves on the continental slope have further developed and rebuilt under the erosion by the turbidity current and the scouring by the bottom current. In the last stage, the intense erosion by the turbidity current is supported by sediment waves around the submarine canyons and the migration of canyons is suggested by the cyclic steps formed within some canyons.