The invention discloses a cell freezing medium. The cell freezing medium comprises a basal culture medium, glycerin, fetal calf serum and a non-permeable protective agent, and the contents of the components are 80-94 v/v% of the basal culture medium, 5-10 v/v% of glycerol, 1-10 v/v% of the fetal calf serum and 0.01-0.10 w/v% of the non-permeable protective agent, and the basal culture medium comprises RPMI-1640, MEM, high-sugar DMEM, low-sugar DMEM or DMEM-F12; and the non-permeable protective agent comprises sodium alginate, sodium hyaluronate or gamma-polyglutamic acid. Dimethyl sulfoxide isnot contained, a good freezing effect is achieved through different matching of the non-permeable protective agent with glycerin and fetal calf serum, a strong water molecule complexing ability is achieved, the freezing function is similar to the freezing function of dimethyl sulfoxide, but formation of intracellular ice crystals is reduced during freezing; the cell freezing medium has clear added ingredients, high safety, small damage to cells, consistent morphology before and after freezing, a high cell survival rate after cell resuscitation and good proliferative capacity.