The invention relates to a meglumine production process capable of recycling a solvent. The meglumine production process comprises the following steps: S1, condensing monomethylamine with glucose in absolute ethyl alcohol to obtain a Schiff's salt; S2, adding a catalyst and absolute ethyl alcohol into the Schiff's salt, introducing hydrogen for a reaction to obtain hydride, conducting crystallizing to obtain solid hydride and mother liquor, separating the solid hydride, melting the hydride, adding disodium ethylene diamine tetraacetate, conducting concentrating under reduced pressure, and carrying out centrifugal filtration to obtain a crude meglumine product; S3, recrystallizing the crude meglumine product in methanol to obtain a methanol mother solution and a wet meglumine product, and distilling the methanol mother solution under reduced pressure to obtain a methanol recovery solution; and S4, adding sulfuric acid into the mother solution obtained in the step S2 to adjust a pH value to 6-7, adding silica gel particles, continuously conducting stirring and uniform mixing, filtering out the silica gel particles to obtain a filtrate, and conducting distilling to obtain an ethanol recovery solution. The process of the invention has the effect of improving ethanol recovery and dehydration effect.