The present invention provides a packet processing method and system, and a network device. The method includes: receiving, by a first network device, a packet, where the packet includes match object information and match condition information; determining, by the first network device, a to-be-matched second network device according to the match object information, where the second network device includes one or more network devices; matching, by the first network device, device information of the second network device with the match condition information; and performing, by the first network device, forwarding processing or discarding processing on the packet according to a match result of matching the device information of the second network device with the match condition information. By using the method provided in the present invention, excessive occupation of network bandwidth can be reduced, and network resources can be saved.