The invention relates to a rare-earth-containing 34Mn2V high-pressure gas bottle blank and a production method thereof, belonging to the technical field of metallurgy of iron and steel. The production process provided by the invention comprises the following steps: feeding molten iron into a blast furnace, pretreating the molten iron, performing converter smelting, performing LF (ladle furnace) refinement, performing VD (vacuum degasser) vacuum degasification, performing calcium treatment, adding rare earth, performing continuous bloom casting, rolling to obtain a finished blank of 200mm*200mm, sampling, performing heat treatment on the sample, and inspecting. By adopting the technical scheme, the invention has the following advantages in comparison with the traditional technology: the 34Mn2V high-pressure gas bottle blank is low in gas content of H, O and N, and the steel quality is clean; the cross section of the blank is light in carbon segregation degree and manganese segregation degree; the macroscopic structure is compact, the metallurgical structure is pearlite plus ferrite, the grain fineness is Level 7-9, and the level of inclusion in steel is low; the 34Mn2V high-pressure gas bottle blank is uniform in composition, structure and performance; the bottle punching process is fine in performance, is suitable for producing a high-pressure gas bottle through punching and is safe to use; the 34Mn2V high-pressure gas bottle is stable and uniform in performance, high in plasticity and impact property reservation margin and fine in comprehensive mechanical property.