The invention relates to a traditional Chinese medicinal composition for tonifying qi, astringing lung, relieving cough and asthma and warming phlegm and retained fluid and a preparation method thereof. The traditional Chinese medicinal composition is prepared from nine traditional Chinese medicines, namely dried toad, astragalus root, ginkgo, aster tataricus, bitter apricot seed, whiteflower hogfennel root, prepared common monkshood daughter root, Chinese magnoliavine fruit and black pepper; the traditional Chinese medicinal composition has effects of tonifying qi, astringing lung, relievingcough and asthma and warming phlegm and retained fluid, is mainly used for lung deficiency cough, asthma with abundance of phlegm, senile chronic trachitis and emphysema, is more suitable for asthmatic bronchitis, and has prevention effect on repeated cold. Compared with the prior art, the traditional Chinese medicinal composition has the advantages that: the process is more reasonable, the effect in a clinical pharmacodynamic test is obviously improved, the bioavailability is high, the medicinal stability is high, and the traditional Chinese medicinal composition does not have any toxic or side effect.