The present invention discloses a method for a called party to provide indication information for a calling party. The method includes the steps of: presetting the indication information to be provided to the calling party at the called party; before the called party answers the call in the connection procedure between the calling party and the called party, the network side obtaining the preset indication information from the called party and sending the indication information to the calling party. Accordingly, the present invention discloses a system for a called party to provide the indication information to a calling party. The present invention makes it possible that the called party flexibly selects the indication information to be provided to the calling party and the problem that only the indication information in the indication information database can be provided is avoided.