The invention relates to a novel transparent high-level porcelain mud material and a porcelain product thereof. The novel porcelain mud material is formed by body and glaze raw materials which are integrally mixed. The formula of the mud material comprises the following raw materials by weight percent: 20-30 percent of kaolin; 10-15 percent of feldspar (potassium feldspar and soda feldspar); 35-45 percent of quartz; 10-20 percent of porous hydroxyl calcium phosphate; 2-3 percent of spodumene and 1-3 percent of talc. In the formula, the porous hydroxyl calcium phosphate is used to substitute for the traditional beef bone ash. Compared with a bone ash porcelain production process flow, the processes of the production process flow of the invention are decreased by half approximately, no 'polishing' process is required and the dust emission is reduced; no 'water washing' process is required and the water resource consumption is reduced; and no 'drying' process is required, the energy is saved because 'double firing' process is changed to 'single firing' process, and the waste saggar is not required to be treated. Compared with the bone ash porcelain manufactured by using a traditionalmethod, the transmittance of the product is higher, the production processes are less, the energy consumption is low, the 'three-waste' is less, the cost is low and the mud material can be used for industries such as household porcelains, display porcelains, decoration porcelains, lamp porcelains and the like.