A soluble hemostatic gauze for anti-inflammation and pain relieving and the preparing method, relating to field of medical sanitary goods. The hemostatic gauze comprises the following substance according to the percentage by weight: dibasic sodium phosphate 0.1-0.3%, sodium alginate 1-1.8%, carbomu 0.5-25, antibacterial drugs 1-10%, polyethylene glycol 1-2%, tuwen 1-4%, dimethicone 0.1-1%, sodium carboxymethylcellulose 0.2-0.8%, americaine 0.05% and the left is ethanol solution. The product possesses functions of special pain relieving, preventing adhesion after surgery besides functions of hemostatic, broad spectrum antibiotic and promoting wound healing, which is of great importance for relieving patient pain and improving their survival quality.