The invention provides a cosmetic composition containing a TCM (traditional Chinese medicine) extracting solution. The TCM extracting solution is composed of the following Chinese herbal medicines in parts by weight: ginseng, angelica sinensis, snow lotus herbs, folium artemisiae argyi, panax notoginseng, olibanum, fortune eupatorium herbs, radix pseudostellariae, agrimonia pilosa ledeb, radix polygonati officinalis, corn cervi pantotrichum, radix gentianae, flos magnolia, selaginella tamariscina, peony, Chinese herbaceous peony, herba centellae, pogostemon cablin, rhizoma ligustici wallichii, poria cocos, radix aucklandiae, anthemis tinctoria, and fructus lycii. The invention also provides a preparation method of the cosmetic composition containing a TCM extracting solution. The cosmetic composition disclosed by the invention is a cosmetic product which is implemented by the collaborative application of multiple TCM skin care products, and is good in extraction effect and high in quality, and each product reaches the international standards.