The invention discloses an irrigating solution, an enzymatic hydrolysate and a method for isolating placenta hematopoietic stem cells. The irrigating solution consists of a penicillin-streptomycin double-antibody, phentolamine, vitamin C and PBS. The enzymatic hydrolysate consists of a basal culture medium, collagenase VIII, pancreatin, 1*heparin sodium, phentolamine, vitamin C and Z-VAD-FMK. The method comprises the following steps: irrigating and cleaning a preprocessed placenta with the irrigating solution; irrigating the enzymatic hydrolysate from placental artery until the enzymatic hydrolysate flows out of placental vein, ligating placental artery and vein and standing by; loosening the placental artery and vein and irrigating the irrigating solution from the artery, collecting all liquid from the vein, centrifuging and reserving cell sediments, and recovering and purifying mononuclear cells containing the hematopoietic stem cells sequentially by virtue of a hydroxyethyl starch method and a red blood cell lysis method; re-suspending and obtaining the placenta hematopoietic stem cells. The irrigating solution, the enzymatic hydrolysate and the method disclosed by the invention can significantly improve separation and extraction efficiencies, and a great amount of cells are obtained; the hematopoietic stem cells are high in content, high in survival rate and quite low in cell pollution rate.