The invention provides an efficient treatment, recycling and zero emission method and system for shale gas flowback fluid. The method comprises coagulating sedimentation, catalytic ozonation, an MBR method, reverse osmosis, membrane distillation, a mechanical vapor recompression (MVR) evaporator, sludge dehydration, and safe landfill or resource utilization. The system comprises a primary treatment unit, a secondary treatment unit, an advanced treatment unit, a concentrated solution treatment unit, a sludge treatment unit and an automatic control unit. All the units are arranged in one or morecontainers to form the modular and movable skid-mounted device. By means of the process, suspended solids, colloids, organic matter, salt ions and other pollutants in the shale gas flowback fluid canbe efficiently removed, the effluent quality can meet reinjection, emission and various reuse standards, and meanwhile zero emission of the whole system is achieved. The system is free of environmental pollution, capable of effectively operating for a long time, easy to maintain, small in occupied area, flexible and convenient to use, and the skid-mounted device is quite suitable for treating shale gas flowback fluid.