The invention discloses a dampness-eliminating traditional Chinese medicine composition for treating cold and cough and a preparing method thereof, and relates to the technical field of traditional Chinese medicines. The traditional Chinese medicine composition comprises, by weight, 5-12 parts of herba elsholtziae, 7-15 parts of herba schizonepetae, 15-25 parts of Chinese wax gourd peel, 7-15 parts of dried tangerine peel, 5-12 parts of blackberrykiky rhizome, 10-18 parts of bulbus fritillariae cirrhosae, 5-12 parts of platycodon grandiflorum, 10-18 parts of folium eriobotryae, 10-18 parts of folium mori, 10-18 parts of saxifraga stolonifera, 5-12 parts of cortex magnoliae officinalis and 5-12 parts of licorice root. The various natural traditional Chinese medicine raw materials are preferentially selected for use in cooperation to have the functions of dispelling wind and heat, dispelling wind and relieving exterior syndromes, eliminating dampness and eliminating phlegm, removing heat from the lung to relieve cough, eliminating phlegm and relieving asthma, and clearing heat and relieving sore throat; the traditional Chinese medicine composition can be used for treating the influenza fever, headache and cough, muscular stiffness, throat dryness and pains and other symptoms, is suitable for the cold incubation period or disease onset period, can effectively prevent the cough, throat swelling and pains and other symptoms caused by cold in the later period, and is precise in treatment effect, safe and free of side effects.