The invention relates to a method for preparing multifunctional titanium dioxide pigment with a chlorination method, which comprises the following steps of: blending a titanium dioxide primary product into titanium dioxide slurry by adopting a chlorination method and adjusting a pH value between 9.0 and 11.0; adding a phosphate dispersing agent and carrying out grinding treatment; removing a grinding medium from the slurry and heating; adding a water-soluble silicate solution for curing; adjusting the pH value of the slurry for forming amorphous silica and curing for forming a first coating layer; cooling the slurry to 50-70 DEG C; adding a sodium metaaluminate solution and curing; adjusting the pH value of the slurry between 8.0 and 9.0, curing and forming an amorphous alumina coating layer on the first coating layer; adding an aluminum salt solution, maintaining the pH of the slurry between 7.0 and 9.0 and curing; adjusting the pH value of the slurry between 6.0 and 7.0 and curing; and washing the slurry with deionized water till the conductivity of a filter cake is larger than 15,000 ohm.cm, and carrying out drying and steaming pulverizing treatment to obtain a finished product. The multifunctional titanium dioxide pigment prepared with the method has higher weather resistance, whiteness, covering capability, opacity and dispersibility and excellent processing performance in the fields of coating, plastics, papermaking, and the like.