The invention provides a traditional Chinese medicine-based whitening freckle-removing emulsion mask of a W/O/W system. The traditional Chinese medicine-based whitening freckle-removing emulsion mask of the W/O/W system comprises a water phase A including hyaluronic acid, carbomer 940 and deionized water, an oil phase B including polyglycerol-bisesquioleate, cetanol, isooctyl palmitate and phytosterol isostearate, a phase C including triethanolamine, a D phase including LH, 1,3-butanediol and deionized water, and a phase E including phenoxyethanol, collagen polypeptide and a traditional Chinese medicine extract concentrated liquid; the traditional Chinese medicine extract concentrated liquid is a mixed liquid of extracts of bletilla, radix ampelopsis, red flower, folium ginkgo, angelica root, licorice and scutellaria root; the preparation method of the traditional Chinese medicine-based whitening freckle-removing emulsion mask of the W/O/W system comprises the steps of adding the mixed phases A, B and C to the previously dispersed phase D, homogenizing the mixture at a low rotating speed, adding the phase E to the mixture, and after degassing in vacuum, pouring the mixture in a mask cloth bag, thereby obtaining the traditional Chinese medicine-based whitening freckle-removing emulsion mask of the W/O/W system. Due to the adopted W/O/W system, the active ingredients of the traditional Chinese medicine extracts can be protected against damage and the effects of the active ingredients can be well developed; and the mask is capable of comprehensively conditioning and whitening skin, improving the functions of skin cells, and relieving the skin problems caused by hyperpigmentation.