The coniferous shrub Oliver’s plum yew (Cephalotaxus oliveri) is endemic to southern China with potential medicinal use for cancer treatment and ecological value in sustaining China’s threatened subtropical forest ecosystems. Comprehensive understanding of the current spatial patterns of this vulnerable species vis-à-vis climatic conditions is crucial for its sustained economic use and conservation. Based on 100 reliable occurrence records and nine environmental variables, MaxEnt and QGIS programs were used to predict the potential geographical distribution of C. oliveri in China. Combined with percentage contribution and permutation importance, the jackknife statistical method was used to test and evaluate pertinent factors restricting the potential distribution of C. oliveri. The response curves of critical bioclimatic factors were employed to determine the potential species range. The current core potential distribution areas were concentrated in China’s central and south-west regions. Temperature was identified as the crucial determinant of species distribution patterns, particularly the mean temperature of the coldest quarter. Precipitation was a necessary but not critical secondary factor. These findings should inform the ex situ conservation and cultivation of C. oliveri in China and its introduction to other parts of the world for similar purposes.