The invention discloses a corrugated paper production method using waste paper pulping to improve the fiber utilization rate. The method comprises the following steps: waste paper pulp adjustment, waste paper pulp soaking and swelling, waste paper pulp puffing, waste paper pulp breaking, shredded kraft paper puffing, kraft paper pulp breaking, residue removal and screening, mixing with a grindingaid, grinding for forming a pulp, mesh papermaking pressing and subsequent papermaking. The waste paper and the shredded kraft paper are used to produce the corrugated paper, and the papermaking material is sufficiently preprocessed before the above pulp breaking step to maximally dissociate fibers in the papermaking material in the pulp breaking step and keep the integrity of the fibers, so the utilization rate of secondary fibers in the papermaking step is improved. The method has the advantages of simple process, energy-saving, environmentally-friendly, clean and pollution-free production process, great reduction of fiber damages and the broken rate of the fibers in the pulping process, and high fiber utilization rate, and the toughness and the strength of the prepared corrugated paperare greatly improved.