The invention discloses a plastifying fine blanking formation technology design method based on crack initiation control. The method comprises the following steps that according to the fracture criterion of fine blanked materials, critical hydrostatic stress during crack initiation of plates is obtained; in the fine blanking process, edge pressing force, blanking force and counter ejection force are exerted on an edge pressing ring, a male die and a counter ejection plate, and the counter ejection force is increased along with increase of the blanking stroke; when the blanking stroke initial position 0 travels to the blanking stroke position S1, the edge pressing force is increased gradually, when the blanking stroke position S1 travels to the blanking stroke, in the finishing process, theedge pressing force is reduced gradually, and when the blanking stroke reaches the stroke position S1, the plates reach the critical hydrostatic stress. According to the method, the effect of restraining crack initiation is restrained, fine blanked parts with full euphotic belts are obtained, thus energy consumption in the fine blanking process is reduced, the forming quality of the parts is improved, the service life of the die is prolonged, and the good comprehensive economic benefits are obtained.