The invention provides a novel multifunctional safe running machine and belongs to the field of fitness facilities. The novel multifunctional safe running machine comprises a left base frame, a right base frame, an electric running machine treadmill, a left front column, a right front column, a left middle column, a right middle column, a left horizontal armrest frame, a right horizontal armrest frame, an instrument control panel, a left connecting rod, a right connecting rod, a left vertical armrest rod, a right vertical armrest rod, a high armrest rod, a left chest expander, a right chest expander, safety belts, a chest and abdominal binding belt, front rolling wheels, rear rolling wheels and adjustable shock-absorbing pads. The novel multifunctional safe running machine is characterized in that the running machine is provided with the front rolling wheels, the rear rolling wheels and the adjustable shock-absorbing pads, adopts and has the advantages of adopting four-wheel movement, being more convenient and saving more effort in movement; the running machine is provided with the adjustable base frame shock-absorbing pads, the whole machine is movable after the shock-absorbing pads are put away, and the shock-absorbing effect is better after the shock-absorbing pads are placed or arranged; a user can do upper limb exercise through the horizontal rods and the chest expanders separately or do it while running, and the machine makes exercise more comprehensive; the running direction can be adjusted to be forward walking and forward running, or reverse walking and reverse running, or alternative performing of forward walking and forward running and reverse walking and reverse running, and the user can run with double hands in front of the chest, or behind the back or above the head or on the higher armrests so as to achieve a better exercise effect.