The invention discloses an oxadiargyl and oxyfluorfen-containing compound suspension concentrate and a preparation method and applications thereof. The compound suspension concentrate comprises the following components: 5-30% of oxadiargyl, 5-30% of oxyfluorfen, 2-20% of a surfactant, 0-6% of a co-suspension concentrate, 0-1% of a thickening agent, 0-1% of a defoaming agent, 0-1% of a preservative, 0.5-5% of an antifreezing agent, and the balance of water for supplementing to 100%. According to the oxadiargyl and oxyfluorfen-containing compound suspension concentrate disclosed by the invention, because the components of the compound suspension concentrate have different function characteristics, after the compounded components are simultaneously applicable to paddy fields, and drug resistance of weeds is not easy to produce; the components can have complementary advantages, so that the weed killing range is expanded; the compound suspension concentrate is safe for rice, has no side effect, and has good safety for afterreap crops; and the compound suspension concentrate disclosed by the invention is an environmental-friendly water-based dosage form, and has the advantages of safe production, storage and application, small environment pollution, low production cost, easiness for packing, and the like. The compound suspension concentrate disclosed by the invention has strong affinity with the soil, the pesticide effect is increased, and the field application amount is reduced, and thus the production cost and the application cost are lowered, and the pesticide residues and environmental pollution are reduced.