The invention discloses a method for improving the performance of 700 MPa grade V-N microalloyed high strength weathering steel. The method is specific to the characteristics of the sheet billet continuous casting and tandem rolling technology and metallurgy component, and adopts an electric furnace or a revolving furnace to smelt, refine, continuously cast sheet billet which directly enters into a roller hearth to heat after a casting blank concretes, or soaking furnace, hot rolling, laminar flow cooling and wind-up process flow. The chemical composition of molten steel is :C occupies less than or equal to 0.08Wt. percent, Si occupies from 0.25 to 0.75Wt. percent, Mn occupies from 0.2 to 2.0Wt.percent, P occupies less than or equal to 0.025Wt. percent, S occupies less than or equal to 0.040Wt. percent, Cu occupies from 0.25 to 0.60Wt. percent, Cr occupies from 0.30 to 1.25 Wt.percent, Ni occupies less than or equal to 0.65Wt. percent, V occupies from 0.02 to 0.20Wt. percent and N occupies from 0.015 to 0.030 Wt. percent. The invention takes full advantages of the characteristics of the sheet billet continuous casting and tandem rolling short flow process and adopts the V-N microalloyed technique to produce 700 MPa grade high strength weathering steel under the thinning function of VN and V (C, N) nanometer scale precipitate on crystal grain in casting blank of the sheet billet continuous casting and tandem rolling flow and the theory of precipitation strength. By the optimization design of the metallurgy component of V-N microalloyed 700MPa grade high strength weathering steel, the invention increases the low temperature impact ductility of coil of strip and improves the shaping property.