The invention provides a method for reducing peak-to-average power ratio of a filter bank multi-carrier system, and relates to the field of multi-carrier modulation method. The method comprises the following steps: the analysis of main factors affecting the peak-average power ratio of the FBMC system through the establishment of the FBMC system model and the definition of the peak-average power ratio of the FBMC system, the construction of an FSLM method and the check analysis of Monte Carlo simulation experiments, and is characterized in that: a frame selection mapping method is called as the FSLM method, is a signal non-distortion technique, selects sequences for FBMC signal frames and design frames, constructs FBMC carrier frame signals which have the same information and are independent from one another according to the frame selection sequences, and then selects a frame of symbols allowing the time domain signals to have minimum PAPR, and the method can reduce the PAPR of the FBMC system without distortion, and effectively reduce the PAPR of the FBMC system. The invention can ensure that the requirements of the low peak-to-average power ratio of the system, and further optimize the performance of the system. In practice, the invention can provide certain reference value for the application of Beyond3G, 4G, 802.16 and other communications systems.