The invention relates to a method for preparing 1,3-propylene glycol by utilizing a glycerol one-step hydrogenolysis method, in particular to preparation of a loaded solid acid bifunctional catalyst and a method for preparing 1,3-propylene glycol by virtue of glycerol selective hydrogenolysis by utilizing the catalyst. The method provided by the invention comprises the step of introducing hydrogen and reacting for 6-48 hours under the conditions that glycerol is taken as raw material, solvent and catalyst exist, reaction temperature is 100-230 DEG C and reaction pressure is absolute pressure of 0.2-10.0MPa. In the bimetal modified loaded strong acid catalyst prepared by adopting the method provided by the invention, a second non-precious metal is doped into the catalyst, dispersion degree of previous metal is further improved, thus the catalyst has stronger acidity, larger specific area and good stability; in the catalyst containing trace previous metal, cheap non-previous metal is introduced; glycol conversion rate is improved under lower reaction pressure while selectivity of 1,3-propylene glycol is obviously improved; meanwhile, effective utilization rate of the previous metal is improved, and cost of the catalyst is reduced.