The invention discloses an externally applied traditional Chinese medicine capable of drawing out toxin and promoting tissue regeneration. The externally applied traditional Chinese medicine is prepared from, by weight, 6 to 8 parts of radix angelicae, 10 to 15 parts of rhizoma drynariae, 2 to 4 parts of processed myrrh, 3 to 5 parts of medicated leaven, 5 to 8 parts of rhizoma bletillae, 15 to 20 parts of jasmine flower, 5 to 8 parts of cortex lycii radicis, 2 to 4 parts of dandelion, 5 to 7 parts of cooked rheum officinale, 3 to 4 parts of artifical rheum officinale, 2 to 4 parts of honeysuckle stem, 5 to 8 parts of pseudo-ginseng powder, 2 to 4 parts of Euphorbia chrysocoma Levl. et Van., 5 to 6 parts of semen strychni, 8 to 10 parts of aloe, 2 to 4 parts of centipeda minima, 3 to 5 parts of folium isatidis, 6 to 8 parts of spina gleditsiae, 2 to 4 parts of helicteres isora, 1 to 3 parts of hibiscus schizoptalus leaf, 3 to 5 parts of goose egg shell, and 6 to 8 parts of homalocladium platycladum. The externally applied traditional Chinese medicine is obtained via combination of a plurality of ingredients; is capable of clearing away heat and toxic materials, relieving swelling and removing pus, and drawing out toxin and promoting tissue regeneration; can be applied to burns and scalds for rapid pain relieving, astringent, and fester prevention; scar is not easily left after healing; the externally applied traditional Chinese medicine is used for treating both manifestation and root cause of diseases, is excellent in curative effects, and is convenient to use; and few side effects are caused.