The invention relates to a Chinese medicinal composition preparation for treating childhood asthma and a preparation method thereof. The preparation method comprises the following steps: taking radix pseudostellariae, prepared rhubarb and Chinese caterpillar fungus according to the mass ratio of 10:3:5, crushing the raw materials into 120-mesh fine powder respectively, and mixing the fine powder; taking kuh-seng, Chinese ephedra, almond, peach kernel, Platycodon grandiflorum, periostracum cicadae, baikal skullcap root, Pinellia ternate, dwarf lilyturf root, Paeonia lactiflora, prepared rehmannia rhizome, Chinese yam, Schisandra chinensis and liquorice according to the mass ratio of 10:6:10:10:10:3:10:6:10:10:10:10:5:6, using water to decoct the medicaments for three times, mixing liquid medicines, performing precipitation for impurity removal, and concentrating the obtained product into ointment; uniformly mixing and stirring the crushed fine powder and the concentrated ointment according to the mass ratio of 1:1, and drying the mixture; and crushing and watering dried powder, processing pills, and drying the pills to obtain the medicaments. The Chinese medicinal composition preparation for treating the childhood asthma has the efficacies of treating both principal and secondary aspect of disease, clearing lung, eliminating phlegm and relieving a cough, and dispelling wind-evil, relieving spasm, stopping allergy and relieving asthma, has no cold and hot drug nature, is suitable for treatment of paracmasia of various childhood asthma, and has the advantages of quick response, high cure rate and no side effect.