The invention discloses a cooling-liquid medium type hydraulic retarding device for a vehicle. The cooling-liquid medium type hydraulic retarder comprises a hydraulic retarder and a control unit, wherein the control unit can control the working of the hydraulic retarder; the hydraulic retarder is arranged between a vehicle engine crankshaft and a flywheel, and is provided with a retarding working cavity. The cooling-liquid medium type hydraulic retarding device also comprises an inlet pipeline, an outlet pipeline, a pump, a returning pipeline, an inlet throttling valve and an outlet throttling valve; the liquid outlet end of a returning pipeline, the inlet pipeline, the retarding working cavity, the outlet pipeline and the liquid inlet end of the returning pipeline are communicated in sequence to form a circulating pipeline; the pump is connected in the circulating pipeline which is also communicated with a cooling-liquid cavity of an engine; the inlet throttling valve is connected on the inlet pipeline; the outlet throttling valve is connected with the outlet pipeline; the inlet throttling valve and the outlet throttling valve are respectively connected with the control unit in a control manner. The cooling-liquid medium type hydraulic retarding device disclosed by the invention has the advantages that the cooling liquid of the engine is adopted as a medium, the volume is small, the weight is light, the cost is low, the structure is compact, the installation is convenient and the retarding and braking torque can be effectively provided.