The invention discloses a conductive film replacing aluminum foil, and a preparation method thereof. The conductive film replacing aluminum foil comprises metal layers, middle reinforcing layers and apolymer film layer, wherein the middle reinforcing layers are arranged on the two sides of the polymer film layer, the metal layers are arranged on the outer sides of the middle reinforcing layers, the surface sheet resistance of the conductive film is 10-80 m omega, the tensile strength is 150-350 Mpa, the elongation at break is 75-150%, the elastic modulus is 3500-5500, the binding force between the middle reinforcing layer and the metal layer is greater than 2 N/15 mm, the binding force between the polymer film layer and the middle reinforcing layer is 2-4 N/15 mm, the water vapor transmission rate is less than 0.2 g/(m<2>.24 h), and the oxygen transmission rate is less than 0.005 cm <3>/(m<2>.24 h). According to the invention, the conductive film replacing the aluminum foil can be made to be very light and thin, the thickness is 3-20 microns, meanwhile, a plating layer is high in binding force, not prone to oxidation and falling, high in barrier property and good in conductivity,the conductive film has the advantages of being light, thin, high in strength and good in toughness, and the problems that pure aluminum foil is large in hardness and tension strength, small in tearing strength, extremely easy to tear, high in cost, large in weight and the like are effectively solved; and the conductive film can be used for replacing the traditional aluminum foil to be applied tothe fields of optical films, thermal protection coatings, shielding films, high-end food/medicine/cosmetic packaging with better barrier property requirements, electronic devices, batteries and the like.