The invention is suitable for the field of audio playing, and provides a multi-channel audio processing method, an audio playback terminal and an audio receiving device. The method comprises the following steps of establishing an audio channel index table by an audio playback terminal, packaging each channel audio and audio index which is used for identifying the channel audio as audio frames, and packaging the multi-channel audio frames as data frames; establishing wireless connection between the audio playback terminal and an audio receiving device; sending the audio channel index table by the audio playback terminal to the audio receiving device; and sending the data frames to the audio receiving device by the audio playback terminal. As the adoption of the multi-channel audio processing method, the audio playback terminal and the audio receiving device provided by the invention, the problem of mutual interference caused by playing multiple audios on the existing audio playing terminal synchronously is solved, thus, the multiple synchronously played audios and multiple audios are not interfered with each other, and selective audiovisual can be carried out at the same time.