The invention relates to a semi-free molding method of semi-transparent YAG luminescent thin ceramics. YAG fluorescent powder is prepared from raw materials including yttrium oxide Y2O3, alumina Al2O3and cerium oxide CeO2, the YAG fluorescent powder and an adhesive are ground and mixed, and then steps including vacuum degassing, casting molding, vacuum drying, low-temperature vacuum sintering degassing, sintering in a reducing atmosphere, high-temperature vacuum sintering and low-temperature annealing are realized. Thus, fluorescent ceramic products are diversified, the light transmittance ishigh and is controllable according to different demands, the raw materials are cheap and easy to obtain, production technologies are simple and feasible, the controllability is high, the period is short, the production period is about 40h, the product is good is shape, high in luminous efficiency, color rendering index and light emitting intensity, and less easy to age compared with fluorescent powder of traditional white LED, resistant to high temperature and free of color cast and light decay, decoration can be integrated with illumination, and a highly practical light source material is provided and worthy of popularization and application in the market.