The invention provides a method for producing cordyceps militaris fermentation rice (cordyceps rice for short) by utilizing solid state fermentation of rice, and the method is characterized in that the rice is taken as a main fermentation substrate; and the cordyceps mycelia grows in the rice through a solid state fermentation manner so as to obtain the rice rich in the cordyceps mycelia. The method comprises the following steps: 1. preparing a cordyceps militaris liquid strain; 2. preparing a rice solid state fermentation culture medium; and 3. inoculating and fermenting. In the method, the medical effect of the cordyceps militaris is organically combined with the nutrition of the rice, thus the product contains various nutritive components and mineral elements, especially cordycepin andcordycepic acid, wherein, the content of the cordycepin is more than or equal to 600mg / 100g, and the content of the cordycepic acid is more than or equal to 3g / 100g, thereby improving the immunity ofthe organism, inhibiting tumours, preventing ageing, and satisfying the requirements of healthy eating of people.