Multiple antenna wireless systems can provide larger channel capacity and enable spatial diversity to combat fading. In this paper we conduct an investigation into the design of coded space-time system obtained by serially concatenating channel code module and space-time code module with an interleaver in between. As an example, the system is constructed by employing low decoding complexity turbo-SPC (single parity check) code as outer module and linear complex field space-time code as inner module, which achieves full diversity and lossless equivalent channel capacity. Simulation results prove that our designed system performs well and it only loses 0.8 dB from multiple-input multiple-output (MIMO) capacity at BER = 10-5 in the case of information bit length 6048. Compared with turbo code-based systems, it also has lower error floor.