The invention provides an FBMC 
signal PAPR reduction method based on a punishment concave-convex process. The method comprises the following steps: firstly, constructing an 
optimization problem according to parameters of an FBMC 
system, namely minimizing a PAPR of a frame of FBMC 
signal by taking a sending symbol as a variable and taking symbol deformation on a data 
subcarrier and sending power ona free 
subcarrier as constraints; secondly, performing equivalent conversion on the 
optimization problem to obtain an equivalent problem meeting a penalty concave-convex process 
algorithm framework;secondly, solving an 
optimization problem according to a two-layer iteration 
algorithm based on a punishment concave-convex process, updating punishment parameters through outer-layer iteration, fixing the punishment parameters through inner-layer iteration, and solving the punishment problem according to the concave-convex process and a block 
coordinate descent method; and finally, outputting a calculation result to obtain an FBMC sending 
signal with a lower PAPR. The PAPR of the FBMC signal is optimized and reduced by utilizing the punishment concave-convex process, and compared with a traditional 
heuristic iterative 
algorithm, the method can remarkably reduce the PAPR of the FBMC signal under the condition that the 
bit error rate is slightly increased.