The invention relates to a method for realizing solar-spectrum-like white light with low blue light harm and a white-light LED. The method is characterized by exciting, by blue-light chips of three main wavelength ranges, yellow phosphors, green phosphors and red phosphors to form white light. The white light obtained by the method is highly similar to the solar spectrum, close to natural light, low in blue light harm, beneficial to vision health, and particularly suitable for the field of educational illumination, and provides students with a health light environment for a long time. The white-light LED, based on the method, can form a solar-spectrum-like white light with low blue light harm in the optical principle. In the structural process, the yellow phosphors, the green phosphors, the red phosphors and an encapsulant are mixed, and then uniformly coat the surface of the blue-light chip by a centrifugal process, so that the phosphors can be uniformly excited, The wall of a reflector cup is silver plated so as to increase light reflection and increase a light extraction rate.