The invention discloses a graphene-aluminum oxide hybrid reinforced copper-based composite material. The composite material comprises 0.1-1.0 wt% of graphene, 1.0-1.2 wt% of Al2O3, and the balance copper. According to the copper-based composite material, the graphene and the aluminum oxide are adopted as complex-phase reinforcement bodies, zero-dimensional aluminum oxide particles can be effectively pinned through a special two-dimensional structure of a nano graphene sheet, a steric-hinerance effect is generated, accordingly, the agglomeration phenomenon of the particles is effectively reduced, and the particles are uniformly scattered; and the surface of the graphene is subjected to chemical nickel-plating and modification treatment, thus, the wettability and the interface bonding situation between the graphene/copper matrixes can be obviously improved, ideal interface bonding is achieved, accordingly, the synergistic effect between the graphene and the aluminum oxide particles is realized to the greatest extent, and the combination properties including strength, hardness, electrical conductivity, and friction and wear properties of the copper-based composite material are comprehensively improved.