The invention discloses a semi-high speed steel copper soldering inlaid steel cutting blade and a manufacturing method thereof, which belong to the field of mechanical blades. The cutting blade is manufactured by welding a semi-high speed shear steel on a cutter body through copper soldering, wherein the semi-high speed shear steel comprises the following chemical elements by weight percent: 0.56-0.65% of C, 0.40-0.60% of Si, 0.25-0.40% of Mn, 6.0-6.8% of Cr, 1.6-2.5% of W, 4.2-5.2% of Mo, 0.7-0.9% of V, 0.1-0.2% of Nb, 0.3-0.4% of one of Co or Ni, no more than 0.02% of S, no more than 0.025% of P and the balance of Fe. The method for preparing comprises: smelting the semi-high speed shear steel, carrying out forging rolling at 870 DEG C-1080 DEG C, and then annealing; secondarily, heating to 1160 DEG C-1180 DEG C, carrying out copper soldering to inlay steel, and quenching at the same time; and finally, tempering. The cutting blade has the same hardness as the original high speed steel copper soldering inlaid steel cutting blade, but has higher sharpness, and is easy for cutter sharpening, and the material cost and the technological cost are lowered.