The invention relates to improved viscose fiber containing pearl particles and a manufacturing method thereof. The fiber is reinforced, high-wet-modulus or rich and strong viscose fiber, the total amount of the fiber comprises 0.1 to 15.0 weight percents of the pearl particles, 0.2 to 6.0 weight percent of denaturant, and 79.0 to 99.7 weight percents of cellulose, the dry rupture strength of the fiber is more than or equal to 2.2 cN/dtex, and the wet rupture strength of the fiber is more than or equal to 1.2 cN/dtex. The mixture of one or more components selected from the copolymer of fatty amines, polyamines compounds, alcohol amine, polyoxyethylene and the aliphatic amine thereof, fatty acid, fatty alcohol, amide condensation compounds, ethylene oxide and propylene oxide, quaternary ammonium, pyrrolidine dithiocarbamate, dithioglycol, imidazole and derivatives thereof, is adopted as the denaturant. The manufacturing method for the fiber comprises the steps of: (1) the preparation of a viscose stock solution; (2) the preparation of slurry of the pearl particles; (3) the injection mixing of the slurry of the pearl particles and the viscose stock solution through a pre-spinning injection system; (4) spinning; and (5) post-treatment.