The invention discloses a method for increasing the yield of paclitaxel in an endophytic fungus fermentation product. The method comprises the steps that an endophytic fungus seed solution for producing paclitaxel is inoculated into an endophytic fungus solid state fermentation medium containing taxus media and valeriana jatamansi for culture, the mixture is then put into an alternating magnetic field environment for further culture, and a endophytic fungus solid state fermentation product is obtained; then the endophytic fungus seed solution for producing paclitaxel is inoculated into a liquid fermentation medium containing the endophytic fungus solid state fermentation product for culture, and the final endophytic fungus fermentation product is obtained. According to the method, raw materials are natural, no pollution is caused to the environment, a cycle is short, the yield is high, the method is suitable for industrial production, and compared with a common endophytic fungus fermentation product, the yield of paclitaxel in the endophytic fungus fermentation product is obviously increased.