This paper proposes a common-mode voltage reduction method base on SVPWM(Space-Vector Pulsewidth Modulation) in three phase PWM converter/inverter system. By shifting the active voltage vector of inverter and aligning this to the active vector of converter, it is possible to eliminate a common-mode voltage pulse in one control period. Since the proposed PWM method maintains the active voltage vector, it does not affect the control performance of PWM converter/inverter system. Without any extra hardware, overall common mode voltage dv/dt and conrresponding leakage current can be reduced to two-third of the conventional three phase symmetric SVPWM scheme.