This invention relates to a fiber-reinforced wood-plastic composite product and its preparation method, belonging to the field of polymer composite materials technology. The preparation method of the fiber-reinforced wood-plastic composite product of this invention involves reacting maleic anhydride-grafted polyethylene with 6,6-dimethylspiro[bicyclo[3.1.1]hept-2,2'-epoxyethylene] to obtain hydroxyl-grafted polyethylene. Then, the hydroxyl-grafted polyethylene is subjected to a substitution reaction with 4-bromopyridine-2,6-dicarboxaldehyde to obtain aldehyde-grafted polyethylene. Finally, the aldehyde-grafted polyethylene and strawpowder grafted with an amino-polytetrahydrofuransilanecoupling agent, and nano-mica sheets grafted with an amino-polyethylene glycolsilanecoupling agent, are subjected to a Schiff base reaction to obtain a polyethylene composite grafted with strawpowder and nano-mica sheets. Finally, the composite is molded with polyethylene to obtain the final product.