The　escalating　frequency　of　extreme　weather　events　globally　has　necessitated　immediate　action　to　mitigate　the　impacts　and　threats　posed　by　excessive　greenhouse　gas　emissions,　particularly　carbon　dioxide　(CO2).　Consequently,　reducing　CO2　emissions　has　become　imperative,　with　decarbonization　techniques　being　extensively　investigated　worldwide　to　achieve　net-zero　emissions.　From　an　energy　perspective,　CO2　represents　an　abundant　and　low-cost　carbon　resource　that　can　be　converted　into　high-value　chemical　products　through　reactions　with　hydrocarbons,　including　alkanes,　alkenes,　aromatic　hydrocarbons,　and　polyolefins.　Through　hydrogen　transfer,　CO2　can　be　reduced　to　CO,　accompanied　by　the　formation　of　H2O.　CO2　and　hydrocarbons　can　also　be　transformed　into　syngas　(CO　and　H2)　via　dry　reforming.　Furthermore,　CO2　can　be　incorporated　into　hydrocarbon　molecules,　resulting　in　carbon　chain　growth,　such　as　the　production　of　alcohols,　carboxylic　acids,　and　aromatics.　However,　due　to　the　thermodynamic　stability　and　kinetic　inertness　of　CO2,　as　well　as　the　high　bond　energy　and　low　polarity　of　hydrocarbon　C–H　bonds,　the　conversion　of　CO2　and　hydrocarbons　remains　a　highly　challenging　and　demanding　strategic　objective.　This　review　focuses　on　the　synergistic　catalytic　valorization　of　CO2　and　hydrocarbons　using　heterogeneous　catalysts,　summarizing　recent　advancements　in　coupling　CO2　with　various　hydrocarbons.　It　also　examines　relevant　kinetic　models,　including　Langmuir-Hinshelwood　and　Eley-Rideal　mechanisms.　For　catalyst　design,　bifunctional　catalysts　with　distinct　active　sites　can　independently　activate　these　two　reactive　molecules,　and　the　modulation　of　acid-base　properties,　oxygen　vacancies,　and　interfacial　interactions　represents　an　effective　strategy　to　optimize　catalytic　performance.　Finally,　future　directions　for　advancing　CO2-hydrocarbon　co-utilization　technologies　are　proposed,　along　with　recommendations　for　low-carbon　development　strategies.　©　2025　College　of　Chemistry　and　Molecular　Engineering,　Peking　University