The invention discloses a method for producing cotton pulp used for cellulose triacetate by a two-step stewing technology. The method comprises the following steps of raw material selection, cotton opening, impurity removal, primary alkali blending, dipping, stewing, secondary alkali blending, dipping, stewing, pre-degritting, pre-pulping, concentration, chlorine dioxide bleaching, hydrogen peroxide bleaching, alkaline extraction, acid treatment, after degritting, after pulping, pulp processing, and finishing. The method has simple processes, utilizes cotton linter as a raw material, adopts a rotary spherical digester two-step stewing technology, carries out primary stewing of impurities in cotton linter by an alkali, hydrogen peroxide and stewing assistants having appropriate concentrations, extrudes a stewing raffinate by steam excess pressure after heat preservation, carries out secondary heat-preservation stewing by re-feeding of certain amounts of the alkali, hydrogen peroxide and the stewing assistants, realizes cotton pulp dichloromethane extract content of 30 to 90PPM, has a waste water COD discharge amount of 20250 to 25050mg/l in the whole pulping process, and reduces sewage treatment stress.