Objective To investigate the effect of myeloid zinc finger gene 1 (MZF -1 ) and glucose-6- phosphate dehydrogenase (G6PD) on progression of osteosarcoma and the underlying mechanisms. Methods The expression levels of MZF -1 and G6PD were determined by real-time PCR. MTT was utilized to examine the cellular proliferation. Apoptosis rate and cell cycle were measured by flow cytometry. The molecular interaction between MZF -1 and G6PD was manifested by dual-luciferase reporter assay. Results MZF -1 was down -regulated and G6PD was up -regulated in osteosarcoma cells. Over-expression of MZF -1 inhibited osteosarcoma cell proliferation, increased cellular apoptosis, and induced cell cycle arrest on G0/G1 phase.Dual-luciferase reporter assay showed that MZF -1 bonded to the promoter region of G6PD and negatively regulated the transcription of G6PD. Conclusions MZF -1 exerts as a tumor suppressor by negatively regulating the expression of G6PD during the progression of osteosarcoma.