The invention relates to a system and process for preparing an alpha-olefin-fluorostyrene polymer. The system comprises a monomer storage tank, a reaction unit, a micro-interface generator, a filter,a washing unit, a drying box and a heat exchanger. According to the invention, the alpha-olefin monomer is crushed to form micron-scale bubbles, the micron-scale bubble can be fully mixed with fluorostyrene and an additive to form a gas-liquid emulsion, and the alpha-olefin and fluorostyrene in the system can be in full contact with the additive by fully mixing the gas phase and the liquid phase,so that the polymerization efficiency of the system is improved; and meanwhile, the micron-scale bubbles and the materials are mixed to form the gas-liquid emulsion, and the raw materials are fully mixed, so that the phase interface area of a gas phase and a liquid phase is increased, the thickness of a liquid film is reduced, the mass transfer resistance is reduced, and the effect of enhancing mass transfer in a lower preset operation condition range is achieved.