The invention discloses a parking management system comprising a vehicle identification device, a parking place monitoring unit, an intelligent parking lock, a management server and a mobile terminalAPP. The parking place monitoring unit, the intelligent parking lock and the mobile terminal APP are connected with the management server through the internet. The management server comprises a parking place management unit, a billing unit and an intelligent parking lock control unit. The mobile terminal APP comprises a parking place information display unit, a reservation unit, an intelligent parking lock unlock unit, a navigation unit and a charging unit. The parking place can be effectively managed, the vehicle owner can be assisted to rapidly find the parking position and locate the parking place position of the vehicle, and the parking lot management efficiency can be effectively enhanced and waste of resources can be reduced.