The invention relates to a thin-reducing and high impermeable liquid packaging membrane and a manufacturing method thereof. The product comprises a polyvinyl basilar membrane, a high impermeable polyvinyl alcohol layer, a composite adhesive layer and a protective polythene membrane layer, wherein, the polyvinyl basilar membrane comprises an outer layer, a middle layer and an inner layer and the outer layer and the middle layer comprise at least one of the two materials which are medium-density polythene or high-density polythene. The manufacturing method of the product comprises the steps of the preparation of the polyvinyl basilar membrane, the preparation of polyvinyl alcohol coating liquid and the preparation of the protective polythene membrane layer, coating and compounding, wherein, the polyvinyl alcohol coating liquid is diluted and the diluted polyvinyl alcohol coating liquid is coated on the outer layer of the polyvinyl basilar membrane to form the high impermeable polyvinyl alcohol layer and then the protective polythene member layer and the polyvinyl alcohol coating layer are compounded, cured and cut. The product of the invention has low thickness, good rigidness, high impermeable property, environmental protection, convenient use, low cost and simple technique.