The invention discloses a process for treating an inferior oil product. The process comprises a hydropretreating
reaction zone, a hydrotreating
reaction zone and a catalytic
cracking reaction zone. The process comprises the following contents: mixing a
residual oil raw material and
hydrogen, then successively allowing the mixture to pass through the hydropretreating reaction zone and the hydrotreating reaction zone which are connected in series, subjecting a reaction
effluent of the hydrotreating reaction zone to gas-liquid separation, allowing a
gas phase to recycle back to the hydropretreating reaction zone and / or the hydrotreating reaction zone, allowing a
liquid phase to directly enter the catalytic
cracking reaction zone and carrying out a catalytic
cracking reaction, and separating a catalytic
cracking reaction effluent so as to obtain
dry gas, liquefied gas, catalytically cracked
gasoline fraction, catalytically cracked diesel fraction, catalytically cracked heavy recycle oil and catalytically cracked
slurry oil, wherein the catalytically cracked diesel oil, the catalytically cracked heavy recycle oil and the
slurry oil are partially or completely recycled back to the hydrotreating reaction zone for a hydrotreating reaction. The method provided by the invention can prolong the cycle of stable operation of equipment.