A packet processing method, device and system includes: receiving, by a switching device, a packet, where there is a correspondence in the switching device between a prefix and a generic flow entry, where the correspondence is created by using the prefix as an index, and a match field of the generic flow entry corresponding to the prefix includes the prefix; acquiring, by the switching device according to the prefix, a bit field that is in the packet and that is used for matching; and performing matching, by the switching device, between a value of the bit field and a data parameter of the match field of the generic flow entry corresponding to the prefix.