Deep learning-empowered semantic communication is regarded as a promising candidate for future 6G networks. Although existing semantic communication systems have achieved superior performance compared to traditional methods, the end-to-end architecture adopted by most semantic communication systems is regarded as a black box, leading to the lack of explainability. To tackle this issue, in this paper, a novel semantic communication system with a shared knowledge base is proposed for text transmissions. Specifically, a textual knowledge base constructed by inherently readable sentences is introduced into our system. With the aid of the shared knowledge base, the proposed system integrates the message and corresponding knowledge from the shared knowledge base to obtain the residual information, which enables the system to transmit fewer symbols without semantic performance degradation. In order to make the proposed system more reliable, the semantic self-information and the source entropy are mathematically defined based on the knowledge base. Furthermore, the knowledge base construction algorithm is developed based on a similarity-comparison method, in which a pre-configured threshold can be leveraged to control the size of the knowledge base. Moreover, the simulation results have demonstrated that the proposed approach outperforms existing baseline methods in terms of transmitted data size and sentence similarity.