The invention discloses a cholesteric liquid crystal and a reflective-type circular polarization sheet thereof, and a manufacturing method. In the invention, a base material is coated with a guiding layer and the cholesteric liquid crystal. Under an effect of an intermolecular hydrogen bond, a hydrogen bond acceptor is migrated to an interface of the guiding layer and the cholesteric liquid crystal so as to generate a concentration gradient of a chiral molecule. Through polymerization, a thread pitch gradient is fixed so as to realize wide wave reflection of the reflective-type circular polarization sheet. By using the manufacturing method in the invention, a traditional liquid crystal orientation technology is omitted; through forming the hydrogen bond, efficiency of realizing the thread pitch gradient is increased; the thread pitch gradient is realized without slow polymerization, which is good for realizing industrialization and scalization. In the invention, a polymerizable monomer material is preferably used; through the polymerization, a crosslinking polymer network is formed; and good thermal mechanical stability and good weather resistance are possessed; by using the manufacturing method in the invention, through repeated multilayer coating, a selection reflection bandwidth of the cholesteric liquid crystal can be greatly widened and a circular polarization sheet of ultra wide wave reflection can be manufactured.