A lithium ion flow battery comprising cathode current collectors (21), an anode current collector (22), a cathode reaction chamber (24), an anode reaction chamber (25), a separator (23), a cathode suspension solution (26) and an anode suspension solution (27), wherein the cathode and anode current collectors are located at both sides of the separator respectively and are in close contact with the separator to form sandwich composite structure layers of the cathode current collector, the separator and the anode current collector; and in that several sandwich composite structure layers are arranged in sequence in an order that current collectors with the same polarity are oppositely arranged, and the electrode suspension solution continuously or intermittently flows in a battery reaction chamber between adjacent sandwich composite structure layers. Thus, the size of the battery reaction chamber can be flexibly designed according to the viscosity of the electrode suspension solution without increasing the polarization internal resistance of the battery, thereby solving the restriction conflict existing in the existing lithium ion flow battery between the size of the battery reaction chamber and the polarization internal resistance of the battery.