diff --git a/pytest_asyncio/plugin.py b/pytest_asyncio/plugin.py
index 2fdc5f4e..0f9fc3fa 100644
--- a/pytest_asyncio/plugin.py
+++ b/pytest_asyncio/plugin.py
@@ -18,6 +18,11 @@ def transfer_markers(*args, **kwargs):  # noqa
 except ImportError:
     from inspect import isasyncgenfunction
 
+try:
+    import contextvars
+except ImportError:
+    contextvars = None
+
 
 def _is_coroutine(obj):
     """Check to see if an object is really an asyncio coroutine."""
@@ -48,6 +53,12 @@ def pytest_pycollect_makeitem(collector, name, obj):
             return list(collector._genfunctions(name, obj))
 
 
+current_context = None
+
+
+def apply_context(context):
+    for var in context:
+        var.set(context[var])
 class FixtureStripper:
     """Include additional Fixture, and then strip them"""
     REQUEST = "request"
@@ -91,6 +102,10 @@ def pytest_fixture_setup(fixturedef, request):
         policy.set_event_loop(loop)
         return
 
+    if current_context:
+        # Apply the current context
+        apply_context(current_context)
+
     if isasyncgenfunction(fixturedef.func):
         # This is an async generator function. Wrap it accordingly.
         generator = fixturedef.func
@@ -108,7 +123,9 @@ def wrapper(*args, **kwargs):
 
             async def setup():
                 res = await gen_obj.__anext__()
-                return res
+                # return the current context
+                # that is maybe modified by async gen_obj
+                return res, contextvars and contextvars.copy_context()
 
             def finalizer():
                 """Yield again, to finalize."""
@@ -124,7 +141,15 @@ async def async_finalizer():
                 loop.run_until_complete(async_finalizer())
 
             request.addfinalizer(finalizer)
-            return loop.run_until_complete(setup())
+
+            res, context = asyncio.get_event_loop().run_until_complete(setup())
+            if context:
+                # Store the current context
+                global current_context
+
+                current_context = context
+
+            return res
 
         fixturedef.func = wrapper
     elif inspect.iscoroutinefunction(fixturedef.func):
@@ -152,6 +177,11 @@ def pytest_pyfunc_call(pyfuncitem):
     Run asyncio marked test functions in an event loop instead of a normal
     function call.
     """
+    global current_context
+    if current_context:
+        # Apply the current context
+        apply_context(current_context)
+
     if 'asyncio' in pyfuncitem.keywords:
         if getattr(pyfuncitem.obj, 'is_hypothesis_test', False):
             pyfuncitem.obj.hypothesis.inner_test = wrap_in_sync(
@@ -164,6 +194,8 @@ def pytest_pyfunc_call(pyfuncitem):
                 _loop=pyfuncitem.funcargs['event_loop']
             )
     yield
+    # Cleanup the current context
+    current_context = None
 
 
 def wrap_in_sync(func, _loop):
diff --git a/tests/async_fixtures/test_async_gen_fixtures_within_context_37.py b/tests/async_fixtures/test_async_gen_fixtures_within_context_37.py
new file mode 100644
index 00000000..8b7845a4
--- /dev/null
+++ b/tests/async_fixtures/test_async_gen_fixtures_within_context_37.py
@@ -0,0 +1,116 @@
+import unittest.mock
+
+import pytest
+
+START = object()
+END = object()
+RETVAL = object()
+
+
+@pytest.fixture(scope="module")
+def mock():
+    return unittest.mock.Mock(return_value=RETVAL)
+
+
+@pytest.fixture
+def var():
+    contextvars = pytest.importorskip("contextvars")
+
+    return contextvars.ContextVar("var_1")
+
+
+@pytest.fixture
+async def async_gen_fixture_within_context(mock, var):
+    var.set(1)
+    try:
+        yield mock(START)
+    except Exception as e:
+        mock(e)
+    else:
+        mock(END)
+
+
+@pytest.mark.asyncio
+async def test_async_gen_fixture_within_context(
+    async_gen_fixture_within_context, mock, var
+):
+    assert var.get() == 1
+    assert mock.called
+    assert mock.call_args_list[-1] == unittest.mock.call(START)
+    assert async_gen_fixture_within_context is RETVAL
+
+
+@pytest.mark.asyncio
+async def test_async_gen_fixture_within_context_finalized(mock, var):
+    with pytest.raises(LookupError):
+        var.get()
+
+    try:
+        assert mock.called
+        assert mock.call_args_list[-1] == unittest.mock.call(END)
+    finally:
+        mock.reset_mock()
+
+
+@pytest.fixture
+async def async_gen_fixture_1(var):
+    var.set(1)
+    yield
+
+
+@pytest.fixture
+async def async_gen_fixture_2(async_gen_fixture_1, var):
+    assert var.get() == 1
+    var.set(2)
+    yield
+
+
+@pytest.mark.asyncio
+async def test_context_overwrited_by_another_async_gen_fixture(
+    async_gen_fixture_2, var
+):
+    assert var.get() == 2
+
+
+@pytest.fixture
+async def async_fixture_within_context(async_gen_fixture_1, var):
+    assert var.get() == 1
+
+
+@pytest.fixture
+def fixture_within_context(async_gen_fixture_1, var):
+    assert var.get() == 1
+
+
+@pytest.mark.asyncio
+async def test_context_propagated_from_gen_fixture_to_normal_fixture(
+    fixture_within_context, async_fixture_within_context
+):
+    pass
+
+
+@pytest.fixture
+def var_2():
+    contextvars = pytest.importorskip("contextvars")
+
+    return contextvars.ContextVar("var_2")
+
+
+@pytest.fixture
+async def async_gen_fixture_set_var_1(var):
+    var.set(1)
+    yield
+
+
+@pytest.fixture
+async def async_gen_fixture_set_var_2(var_2):
+    var_2.set(2)
+    yield
+
+
+@pytest.mark.asyncio
+async def test_context_modified_by_different_fixtures(
+    async_gen_fixture_set_var_1, async_gen_fixture_set_var_2, var, var_2
+):
+    assert var.get() == 1
+    assert var_2.get() == 2
diff --git a/tests/conftest.py b/tests/conftest.py
index cc2ec163..f0fb78eb 100644
--- a/tests/conftest.py
+++ b/tests/conftest.py
@@ -8,6 +8,9 @@
     collect_ignore.append("async_fixtures/test_async_gen_fixtures_36.py")
     collect_ignore.append("async_fixtures/test_nested_36.py")
 
+if sys.version_info[:2] < (3, 7):
+    collect_ignore.append("async_fixtures/test_async_gen_fixtures_within_context_37.py")
+
 
 @pytest.fixture
 def dependent_fixture(event_loop):