The invention relates to a production method of cotton-like environment-friendly hyperelastic plant complex fiber. The method comprises the steps that cotton-like fiber enters a first heating box to be subjected to drafting through a first roller, then the cotton-like fiber enters a cooling plate to be subjected to cooling after drafting, and then the cotton-like fiber enters a false twister to be subjected to false twisting; plant fiber is placed on a protofilament support, and then the plant fiber enters a pre-drafting instrument and a main drafting instrument through a second roller to be subjected to drafting; the cotton-like fiber after false twisting and the plant fiber after drafting are compounded through a third roller; the compounded cotton-like fiber and the plant fiber are indrawn into a pre-interlacer to be subjected to preliminary increase of net points, after being set, the compounded cotton-like fiber and the plant fiber are indrawn into a fourth roller to be subjected to re-interlacing, and are then subjected to increase of net points again, and finally a coiler is utilized to conduct winding. According to the production method of the cotton-like environment-friendly hyperelastic plant complex fiber, the compounding performance is good, the feel of cotton is strong, the two kinds of fibers are fully compounded, the appearance of the fibers is uniform, the dyeing stability is guaranteed, and the cloth fabric effect is similar to cotton yarn fabric; meanwhile, the cotton-like environment-friendly hyperelastic plant complex fiber has the function of the plant fiber which is laundry resistant, and is excellent in elasticity.