The invention relates to an oil-coal co-hydrogenation micro-interface enhanced fluidized bed reaction system. The system comprises a liquid phase feeding unit, a gas phase feeding unit, a micro-interface generator, a fluidized bed reactor and a separation tank. Compared with a traditional fluidized bed reactor, according to the invention, gas is crushed to form micron-scale micro-bubbles, and themicro-bubbles are mixed with a mixed oil product to form an emulsion, so that the gas-liquid two-phase interphase area is increased, the effect of enhancing mass transfer within a relatively low preset range is achieved, and the pressure in the reaction process can be reduced by 10-80% while the reaction efficiency is ensured; meanwhile, mass transfer is greatly enhanced, so that the gas-liquid ratio can be greatly reduced, the material consumption of gas is reduced, and meanwhile, the energy consumption of subsequent gas circulating compression is also reduced; the method is low in process severity, high in production safety, low in ton product cost and high in market competitiveness.