Hydroformylation of formaldehyde to glycolaldehyde (GA),as a vital reaction in both direct and indirect process of syngas to ethylene glycol (EG),shows great advantages in the aspects of the process complex-ity and clean production.The hydroformylation of formaldehyde to GA is thermodynamically unfavour-able,requiring the development of highly efficient hydroformylation catalytic systems,appropriate reaction conditions and in-depth understanding of the reaction mechanisms.In this review,we have made a detailed summary on the reaction in terms of the reaction network,thermodynamics,metal com-plex catalysts (including central metals and ligands),reaction conditions (e.g.,temperature,pressure,formaldehyde source and solvent) and promoters.Furthermore,the reaction mechanisms,involving neu-tral and anionic complex in the catalytic cycle,have been summarized and followed by a discussion on the impact of the crucial intermediates on the reaction pathways and product distribution.A brief over-view of product separation and catalyst recovery has been presented in the final part.This review gives new insights into the factors that impact on the formaldehyde hydroformylation and reaction mecha-nisms,which helps to design more efficient catalytic systems and reaction processes for EG production via the hydroformylation route.