Reasonable control of the content of niobium (Nb) in a steel slab is of great significance to improve the strength of the slab and the regularity of precipitation of precipitates. In this study, the high-temperature strength and precipitates of the same steel with four different Nb contents (A: 0.006%, B: 0.031%, C: 0.050%, D: 0.065%) were tested and analyzed. The results show that when the Nb content is 0.031%, the tensile strength and yield strength of the steel reach the ideal state; the two-phase particles that precipitated in the Q355GJ steel after heat treatment are mainly square- and star-shaped (Ti, Nb) (C, N) composite precipitates, and their amount increases with the increase in Nb content. Most of the two-phase particles (84%) precipitated in the steel with the Nb content of 0.031% are smaller than 80 nm, and the continuous increase in the Nb content cannot increase the precipitation amount of the two-phase particles in the steel, but can increase the size of the two-phase particles.