A novel cutting system for reinforcing steel bars comprises a bottom plate, a supporting platform device, a first air cylinder device, a supporting device, a second air cylinder device, a third air cylinder device, a cutting device and a fourth air cylinder device, wherein first rollers are arranged on the bottom plate; the supporting platform device comprises a supporting platform, second rollers, positioning rods and a first transverse rod; the first air cylinder device comprises a first supporting rod, a second transverse rod, a second supporting rod, a first air cylinder, a first fixing block, a first push rod, a first friction block and a first triangular block; the supporting device comprises a third transverse rod, a second fixing block, a fourth transverse rod, a first bracket, a second bracket and a first inclined rod; the second air cylinder device comprises a third supporting rod, a fourth supporting rod, a fifth transverse rod, a second air cylinder, a third fixing block, a second push rod, a second friction block, a second triangular block and a first fixing frame. The system can cut the reinforcing steel bars quickly, is high in working efficiency, quick and high in automation degree and can reduce the labor intensity.