In the study of nuclear structure, the fast timing technique can be used to measure the lifetime of excited states. In the paper, we have developed a new fast timing system, which is made up of two LaBr3:Ce detectors and a set of waveform sampling system. The sampling system based on domino ring sampler version 4 chip (DRS4) can digitize and store the waveform information of detector signal, with a smaller volume and higher timing accuracy, and the waveform data are performed by means of digital waveform analysis methods. The coincidence time resolution of the fast timing system for two annihilation 511 keV y photon is 200ps (FWHM), the energy resolution is 3.5%@511 keV, and the energy linear response in the large dynamic range is perfect. Meanwhile, to verify the fast timing performance of the system, the Gd-152-2(1)(+)state form beta(+) decay of Eu-152 source is measured. The measured lifetime is 45.3(+/- 5.0)ps, very close to the value of the National Nuclear Data Center (NNDC: 46.2((+/- 3.9)ps). The experimental results indicate that the fast timing system is capable of measuring the lifetime of dozens of ps. Therefore, the system can be widely used in the research of the fast timing technology. (C) 2018 Korean Nuclear Society, Published by Elsevier Korea LLC.