The invention relates to a technical method used for industrial wastewater emission reduction and resource utilization, and concretely relates to a coupling technology for treating ammonia and sulfur containing waste water by employing steam cycle high-efficiency stripping deamination and rectification desulphurization, and a method for resource utilization of ammonia nitrogen and hydrogen sulfide in waste water. According to the invention, waste water containing 500-15000mg/L ammonia nitrogen and 100-8000mg/L hydrogen sulfide is treated by the method to reach a national first-grade ammonia nitrogen emission standard, the sulphide content is reduced less than 20mg, and ammonia and sulfur in waste water are respectively recovered and used in a high purity ammonium sulfate and hydrogen sulfide form. According to the invention, the steam consumption for treating ammonia and sulfur containing waste water is lower than 100kg steam/ton waste water, and the energy saving effect is good.