The invention claims a network interaction reading system and a method for user and content management. The system comprises a reading device, a processing device, a display device, a network server and a concealed code carrier; the reading device comprises an identity identification module for storing the identity identification code of the reading device; the processing device comprises an authentication module for sending the identification code of the reading device and the acquired information code to the network server; the network server comprises a user management module and an information code management module, and the user with administration authority manages the contents stored by a stream media management module and a digital information management module; and the network content and the operation mark are collected in the image-text form of concealed code carrier. The method comprises the following steps of: sending the information code and the identification code to the processing device by the reading device; judging the identity authority of the reading device, recording request information and operation information and returning the results to the processing device by the network server; and acquiring and displaying the network information returned by the server by the processing device.