The invention discloses a formula of a copper nickel tin alloy strip and a production process. The formula of the alloy strip comprises the following components in percentage by weight: 19.0 to 21.0 percent of Ni, 4.0 to 6.0 percent of Sn, 0.01 to 0.05 percent of Zr and the balance of Cu. The production process comprises the following steps of: proportioning, smelting, bath analysis, deoxidation, converter heat preservation, horizontal continuous casting, solution treatment, surface milling, rough rolling, thickness longitudinal shearing, strong convection bright annealing, cleaning, precision rolling, multistage ageing, bending, straightening and slitting. The production process has no pollution, the production flow is short, the alloy strip blank has small specification size and high quality, cold rolling is directly performed, a hot rolling process is saved, and the production efficiency is improved; the obtained copper nickel tin alloy has the properties of high strength, high elongation, high hardness, high elasticity, stress corrosion resistance and the like, the performance of the copper nickel tin alloy is close to that of beryllium bronze, and the copper nickel tin alloy can partially replace the beryllium bronze to manufacture elastic elements.