In the context of climate change, the extreme precipitation events over most of the mid-latitude land masses and over wet tropical regions will very likely become more intense and more frequent, which may cause increases in the intensity and frequency of extreme drought or flood events. To explore the mechanism of dynamic and functional changes in ecosystems driven by extreme drought and flood events (EDFEs) in the future and the interaction between the two, this study focuses on the mutual feedback relationship between EDFEs and the ecological succession of vegetation. To accomplish this target, we reviewed relevant studies of the impacts of EDFEs on vegetation ecology (including growth status and living states) and that of feedback of ecological succession of vegetation to EDFEs. This study is of great significance for accurately predicting the future dynamic succession of plant communities, and the circulation of materials of future ecosystem with ongoing climate change, which provides fundamental and scientific basis for the establishment of ecological protection and restoration strategies in response to frequent climate extremes.