Provided is a Chinese medicinal ointment for treating burns and scalds. The ointment is characterized in that: the raw medicinal materials for the ointment comprise, by weight, 20 to 40 parts of arnebia root, 20 to 40 parts of honeysuckle flower, 20 to 40 parts of dahurian angelica root, 15 to 30 parts of garden burnet, 15 to 30 parts of rheum officinale, 15 to 30 parts of Ampelopsis japonica, 15 to 30 parts of cuttlebone, 15 to 30 parts of calamine, 6 to 15 parts of frankincense, 6 to 15 parts of myrrh, 6 to 15 parts of borneol, 30 to 80 parts of cera flava and 400 to 600 parts of semen sesame nigrum. The preparation method for the ointment comprises the following steps: grinding arnebia root, honeysuckle flower, dahurian angelica root, garden burnet, rheum officinale, Ampelopsis japonica, cuttlebone, calamine, frankincense and myrrh by certain weight into coarse powder together; decocting the coarse powder in semen sesame nigrum until the powder turns dark brown; removing dregs of the decoction and carrying out filtration; adding cera flava and borneol into the filtrate so as to obtain the ointment. The Chinese medicinal ointment provided in the invention has the effects of clearing heat and toxic materials, cooling the blood, subsiding swelling, inhibiting bacteria, relieving pain and engendering flesh, and can be used for treating first degree and second degree burns and scalds.