A miniature circuit breaker with quick current breaking capability which includes a miniature circuit breaker body, a current transformer CT1, a zero-sequence current transformer CT2 and a smart controller module. The miniature circuit breaker body is internally provided with a main arc extinguishing chamber, a fixed contact, a movable contact, a tripping mechanism, and a magnetic tripping push rod. The tripping mechanism includes a lock catch, a movable contact rocker arm, a jump pin, a connecting rod, and a tension spring. A rotated-hinge repulsive force structure is applied between the fixed contact and the movable contact. The tripping mechanism is further provided with a torsional spring to press the movable contact close to the fixed contact. A shunt tripping device controlling the miniature circuit breaker switch to be turned off is arranged in the smart controller module.