The invention provides a microcrystalline jade decorative material based on graphene. The material is prepared from the following components in parts by weight: 20-70 parts of stone tailings, 20-75 parts of silicon dioxide, 1-15 parts of graphene, 1-5 parts of silicon carbide whiskers, 1-10 parts of lithium feldspar, 1-10 parts of sodium feldspar, 0-20 parts of aluminum oxide or aluminum hydroxide, 1-15 parts of high-temperature cosolvent, 10-40 parts of calcium carbonate, 0-5 parts of zinc oxide, 0-10 parts of barium carbonate, 1-10 parts of boron oxide, 1-10 parts of sodium carbonate, 1-8 parts of titanium dioxide, 1-8 parts of yttria, 0-5 parts of antimonous oxide, 0.05-5 parts of dispergator, 0.05-5 parts of stabilizer and 0-5 parts of inorganic pigment. The crystalline jade produced by a sintered molding method has surface and section without pore, has a transparent or translucent jade state, and has natural jade glossy and waxy texture.