The invention discloses an efficient polycarboxylic acid water reducing agent with modified celluloses. The efficient polycarboxylic acid water reducing agent comprises, by weight, 240-250 parts of methyl-2-buten polyoxyethylene ether, 25.2-26.0 parts of acrylic acid, 1.6-1.65 parts of ammonium persulfate, 0.53-0.55 part of thioglycolic acid, 13-14 parts of lignin, an appropriate quantity of sodium hydroxide solution with the concentration of 10 wt%, an appropriate quantity of deionized water, 26-28 parts of graphene oxide, 5-7 parts of waste liquid from sugar factories, 7-8 parts of hydroxypropyl methyl celluloses, 2-3 parts of polyacrylamide, 3-4 parts of calcium chloride, 2-3 parts of triethanolamine, 5-6 parts of carbon black, 19-22 parts of building brick residues and 1-1.2 parts of silane coupling agents kh550. The efficient polycarboxylic acid water reducing agent has the advantages that components such as the hydroxypropyl methyl celluloses, the polyacrylamide and the carbon black are added into the efficient polycarboxylic acid water reducing agent in preparation procedures by the aid of a series of treatment processes, accordingly, the flowability and the frost resistance of concrete can be improved, and the dispersion resistance of products in water further can be improved.