The invention discloses an improved heat integration coal-fired power plant decarbonization system and method, belonging to the technical field of energy conservation and emission reduction. The system mainly consists of two parts, namely a power plant steam turbine power generation unit and a CO2 capturing unit, wherein the two units are communicated through a cooler at the top of an analytic tower, a reboiler and a multi-stage compression cooled heat exchanger. According to the system, the low-pressure cylinder safety performance of the CO2 capture power plant is guaranteed; and meanwhile, due to the integration of the power plant steam turbine power generation unit and the CO2 capturing unit, the steam turbine power generation unit extracts steam and recovers the pressure energy through a small steam turbine, and the heat released by the CO2 capturing unit heats condensate water in the power plant through the cooler at the top of the analytic tower and the multi-stage compression cooled heat exchanger, so that the CO2 capture energy consumption is greatly reduced. According to the integration system, the safety operation of the CO2 capture power plant is guaranteed, the gradient energy utilization is realized, the CO2 emission can be effectively suppressed, the energy consumption of carbon emission reduction is reduced, and high energy utilization efficiency and technical and economic performance are obtained.