The invention discloses a wear-resistant flame-retardant conveying belt and a preparation process thereof. The wear-resistant flame-retardant conveying belt comprises a cover glue, an adhesive intermediate glue and a framework material, wherein the cover glue comprises an upper cover glue and a lower cover glue; the framework material is a steel wire rope or a flame-retardant polyester fabric; thecover glue comprises the following components: a matrix rubber, sulfur, flame retardant, 10-15 parts of stearic acid, an anti-aging agent, a vulcanization accelerator, a reinforcing filler, paraffinwax, metal oxides, a wear-resistant filler and a dispersing agent. A preparation process of the wear-resistant flame-retardant conveying belt comprises the steps of S1, preparation of the cover glue:(1) preliminary plastication and (2) mixed granulation; S2, preparation of the adhesive intermediate glue: I, preliminary plastication; II, stirring and mixing; III, grinding and defoaming; S3, impregnation and plasticizing of an aggregate material; and S4, extrusion and gluing of the cover glue. The wear-resistant flame-retardant conveying belt disclosed by the invention has the advantages of good wear resistance and excellent flame-retardant effect; in addition, the preparation method disclosed by the invention has the advantages of simple process, low production cost and high work efficiency.