The invention discloses a manufacturing method of a high-flame-retardance low-release environment-friendly shield cable. The method comprises the following steps of material selection, wire drawing, intertwist of conductors or conductors, lapping of a fire-resistant insulation layer, extruded insulation, radiation crosslinking, cabling, metallic shielding, extrusion of an oxygen insulation layer,armouring, lapping, extrusion of an outer sheath, detection of product performance and packaging and warehousing of finished products. The manufactured cable overcomes the defects of high smoke formation and high toxicity of a flame-retardance wire cable of the halogen-containing series, also solves the problem that the flame-retardance wire cable of the halogen-containing series cannot reach therule of the new version of the civil building electrical design specification, and has the capacity of resisting external electromagnetic interference and the capacity of outward radiating electromagnetic interference of a system; the flame retardance of the cable can reach the grade A, the combustion performance of the cable can reach the grade B1, the smoke toxicity of the cable can reach the grade t0, the combustion dripping/particle grade of the cable can reach the grade d0, the corrosion resistance of the cable can also reach the grade a1, and the cable can be widely applied to civil buildings.