The utility model discloses a handbag with a buffering protection function, which comprises a bag body, the top side of the bag body is provided with a handbag turning cover, the inner walls of the two sides of the bag body are respectively and fixedly provided with two box bodies, the top sides of the two box bodies on the two sides are respectively provided with two sliding chutes and through holes, and the two sliding chutes and the through holes are communicated with the handbag turning cover. Two first springs are fixedly installed on the inner walls of the top sides of the two box bodies on the two sides, the other ends of the two first springs are fixedly connected with first connecting plates, square holes are formed in the four first connecting plates, and when heavy objects are placed, the two portable belts can move upwards; the two ends of the two portable belts are fixedly connected with the four first connecting plates, then the buffer plates fixedly connected with the two ends of the two portable belts make contact with the four first connecting plates, the other sides of the four first connecting plates are fixedly connected with the first springs, and therefore part of gravity can be eliminated through the compression force of the first springs, and the buffer effect can be achieved; and during placement, the situation that muscles of arms of a person are strained due to rapid falling can be avoided.