In order to prepare the modified belite (C2S-C4A3S-C4AF-CS) cement with low energy, clinkers were synthesized by converter slag, limestone, gypsum and clay. The synthesized clinkers were characterized and the hydration processes were investigated by XRD, SEM and microconduction calorimetry. The hydrates were mainly C-S-H and ettringite. The needle-like ettringite formed by the hydration of C4A3S at the early stage of hydration was filled in the inner vacant spaces of the hardened body and it might contribute to the rapid-hardening phenomena. The hardened body became stronger due to the hydration of C2S at the later period. The compressive strengths of the cement-3 mortars hydrated for 3, 7 and 28 days were 115, 128 and 211 Kgf/$ extrm{cm}^2$, respectively.