This paper deals with the two-species chemotaxis system with two chemicalsx ∈ Ω, t > 0, under homogeneous Neumann boundary conditions in a bounded domain Ω ⊂ R n (n ≥ 1), where the parameters d 1 , d 2 , d 3 , d 4 > 0, µ 1 , µ 2 > 0, a 1 , a 2 > 0 and α, β > 0. The chemotactic function χ i (i = 1, 2) and the signal production function f i (i = 1, 2) are smooth. If n = 2, it is shown that this system possesses a unique global bounded classical solution provided that |χ i | (i = 1, 2) are bounded. If n ≤ 3, this system possesses a unique global bounded classical solution provided that µ i (i = 1, 2) are sufficiently large. Specifically, we first obtain an explicit formula µ i0 > 0 such that this system has no blow-up whenever µ i > µ i0 . Moreover, by constructing suitable energy functions, it is shown that:• If a 1 , a 2 ∈ (0, 1) and µ 1 and µ 2 are sufficiently large, then any global bounded solution exponentially converges to• If a 1 > 1 > a 2 > 0 and µ 2 is sufficiently large, then any global bounded solution exponentially converges to (0, f 1 (1)/α, 1, 0) as t → ∞;• If a 1 = 1 > a 2 > 0 and µ 2 is sufficiently large, then any global bounded solution algebraically converges to (0, f 1 (1)/α, 1, 0) as t → ∞. 2010 Mathematics Subject Classification. Primary: 35K35, 35A01, 35B44; Secondary: 35B35, 92C17.