The invention discloses a bright alkyd resin for interior decoration and furniture coating, which is composed of the following raw materials: glycerin, palmitoleic acid, benzoic acid, adipic acid, neopentyl glycol, phthalic anhydride, pentaerythritol and xylene . Its preparation method comprises the steps of: a. putting palmitoleic acid, benzoic acid, adipic acid, glycerin, neopentyl glycol, phthalic anhydride, pentaerythritol and xylene into a reactor at one time, heating and starting stirring; b. Zhongtong carbon dioxide gas protects the temperature, raises the temperature to 130°C-180°C, and keeps it warm for 1-3 hours. ; c, take a sample to measure the viscosity in step b, when the viscosity reaches a predetermined value, rapidly cool to 130°C-180°C to obtain a modified alkyd resin; d, transfer the modified alkyd resin in step c to another Add 2.5-8.5% xylene into the kettle, and mix evenly to obtain the product water-white alkyd resin liquid of the present invention.