  We propose a method to improve the performance of two-way continuous-variable
quantum key distribution protocol by virtual photon subtraction. The Virtual
photon subtraction implemented via non-Gaussian post-selection not only
enhances the entanglement of two-mode squeezed vacuum state but also has
advantages in simplifying physical operation and promoting efficiency. In
two-way protocol, virtual photon subtraction could be applied on two sources
independently. Numerical simulations show that the optimal performance of
renovated two-way protocol is obtained with photon subtraction only used by
Alice. The transmission distance and tolerable excess noise are improved by
using the virtual photon subtraction with appropriate parameters. Moreover, the
tolerable excess noise maintains a high value with the increase of distance so
that the robustness of two-way continuous-variable quantum key distribution
system is significantly improved, especially at long transmission distance.
