This study aimed to test the factor structure and measurement invariance of the Child and Adolescent Perfectionism Scale (CAPS) among Chinese adolescents. This study involved 3510 Chinese students aged 11–18 years (Mage = 13.72 years, SD = 1.40). Data analysis consisted of classical item analysis, exploratory factor analysis, confirmatory factor analysis, Cronbach’s alpha coefficients, Pearson’s correlations, and multi-group CFA. Results confirmed a three-factor (Self-Oriented Perfectionism-Striving [SOP-S], Self-Oriented Perfectionism-Critical [SOP-C], and Socially Prescribed Perfectionism [SPP]) 15-item model. SOP-S was positively correlated with self-esteem and life satisfaction, and negatively correlated with anxiety and depression. SOP-C and SPP were the opposite of SOP-S, except that SPP was not significantly related to life satisfaction. Acceptable levels of internal consistency were also obtained. Additionally, the measurement remained invariant across gender and grade. In conclusion, the Chinese version of the CAPS had good psychometric properties in terms of validity and reliability and remained invariant across gender and grade levels in Chinese adolescents. The implications for research and clinical practice were also discussed.