The usual ceramic process of mixing and milling in state of oxides $ZrO_2$ and $CeO_2$ was adopted in this study in a wet process to manufacture Ce-TZP. $CeO_2$-$ZrO_2$ ceramics containing 8~20 mol% $CeO_2$ were made by heat treatment at $1250sim1500^{circ}C$ for 5hr. The maximum dispersion point of every slurry manufactured with a mixture of $ZrO_2$ and $CeO_2$ was neat at pH10. A stable slurry with average particle size of 90 nm can be manufactured when it is dispersed with the use of ammonia water and polycarboxylic acid ammonium. The sintered Ce-TZP ceramics manufactured with the addition of $CeO_2$ in a concentration of less than 10 mol% progressed to the fracture of the specimen due to the existence of a monoclinic phase of more than 30% at room temperature. More than 99% of the tetragonal phase was created for the sintered body with the addition of $CeO_2$ beyond 18 mol%, but the degradation of the mechanical properties on the entire specimen was brought about due to the $CeO_2$ existing in a percentage above 3%. Consequently, the optimal Ce-TZP level combined in the oxide state was identified to be 16 mol% of $CeO_2$ contents.