A dual-functional negative electrode for an all-vanadium redox flow battery, the dual-functional negative electrode is based on a carbon material, and its surface is modified with a Bi-containing electrocatalyst, and the Bi-containing electrocatalyst is Bi simple substance, Bi2O3, Bi halide or Bi One or more than two kinds of metal salts; Bi halides are bismuth fluoride, bismuth chloride, bismuth bromide or bismuth iodide; Bi metal salts are bismuth sulfate, bismuth nitrate, bismuth phosphate, bismuth formate or bismuth acetate . This electrode is suitable for the negative electrode of the all-vanadium redox flow battery, which can greatly improve the electrocatalytic activity and electrochemical reversibility of the electrode material for the V2+ / V3+ redox reaction, reduce the charge transfer resistance; it also has a high hydrogen evolution overpotential, It can inhibit the occurrence of hydrogen evolution reaction and prolong the working life of the battery.