Abstract: This study explored the capsule formation and fiber development process of kapok which is a tree in Yuanjiang dry-hot valleys (DHV) using the methods of paraffin section and scanning electron microscopy. The result showed that formation process of kapok capsule can be divided into four stages: the capsule formation within 5 days after anthesis (DAA), the capsule mass period from 5 to 35 DAA, the capsule dehydration period from 35 to 50 DAA, and the capsule bursting period after 50 DAA. The kapok fiber was developed via endocarp cells differentiation (0-2 DAA), swelling (2-5 DAA), bulging (5-10 DAA), fiber elongating (10-40 DAA), and divorcing from pericarp (40-50 DAA). During the development, the length and projection width of fiber increased as a power function, and their daily average growth rates reached the maximums at 20 DAA. Fiber fresh mass substantially increased and then reduced, and the daily average growth rate reached the maximum in the period from 25 to 30 DAA. Fiber dry mass gradually increased and reached the maximum growth rate in the period from 20 to 25 DAA. The seed and fiber continually increased their mass after 30 DAA, but the pericarp mass declined with its dehydration and aging. Compared with cotton, it was easy to separate fiber from kapok capsule inner wall because of small adhesion power between kapok fiber and capsule inner wall. The period from 5 to 35 DAA was critical for the fiber development and growth. Therefore, water and fertilizer management should be concentrated at this stage. The capsule should be harvested at 50 DAA because the fiber began to divorce from the pericarp.