The Chinese picto-phonetic Characters contain phonetic elements and pictographic elements. The study of Chinese picto-phonetic characters will not only help us know more about the Chinese picto-phonetic characters but also the entire Chinese characters system. Based on our database, this article makes an analysis of the type, frequency, number of phonetic elements, points out that the elements of Chinese characters should be extended to graphic form, pronunciation, semantic, frequency, types and number. The article interprets the primary words of Chinese characters, and plots out the idea for extracting the primary words of Chinese characters from the Chinese picto-phonetic characters of Shuo Wen.