The invention relates to a method for preparing a bismuth-series chemical product, comprising steps as follows: firstly, preparing ordinary-level bismuth oxide by refined bismuth; then preparing a bismuth-series chemical product by the ordinary-level bismuth oxide including steps of refined bismuth pulverization, bismuth low-temperature oxidation, ordinary bismuth oxide chemical conversion, and the like; finally preparing bismuth-series chemical products of bismuth nitrate, bismuth subnitrate, bismuth subcarbonate, bismuthsalicylate, basic bismuth salicylate, bismuth citrate, bismuth trichlor, bismuth oxychloride, electric bismuth oxide or bismuth oxide nanowire, and the like; and recycling chemically-converted mother-liquid. The invention has the advantages of generating no cancerigenic poison gas NOx and waste water, having environment protection, little consumption of chemical reagent, little energy consumption, low cost, simple device and operation, and the like.