What is the time course of activation of phonological information in logographic writing systems like Chinese, in which meaning is prioritized over sound? We used a manipulation of phonological regularity to examine foveal and parafoveal phonological processing of Chinese phonograms at lexical and sublexical levels during Chinese sentence reading in 2 eye-tracking experiments. In Experiment 1, using an error disruption task during silent reading, we observed foveal lexical phonological activation in second-pass reading. In Experiment 2, using the boundary paradigm, both parafoveal lexical and sublexical phonological preview benefits were found in first-fixation duration in oral reading, whereas only lexical phonological benefits were found in gaze duration during silent reading. Thus, phonological information had earlier and more pronounced parafoveal effects in oral reading, and these extended to sublexical processing. These results are compatible with the view that oral reading prioritizes parafoveal phonological processing in Chinese.