A Magnolia officinalis plant preservative and bacteriostatic composition, constituted from the following components by weight percent content: a Magnolia officinalis extract, 20-30%; a solvent, 70-80%. The inclusion of a natural plant extract is milder and less potentially dangerous than a traditional purely chemical preservative, and can be safely applied in the cosmetics industry. Further disclosed are a preparation process of and an application for the Magnolia officinalis plant preservative and bacteriostatic composition, when said composition is added within a cream and a lotion, the preservative challenge test established by the United States Pharmacopeia can be passed with high marks, same possesses a wide-spectrum bactericidal effect, and has good market application prospects and a good market in the cosmetics market.
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