The invention discloses a permanent magnetic suspension locomotive system integrating suspending, guiding, pushing and braking. The corresponding suspending, guiding, pushing and braking functions are achieved through interaction between a suspending system, a guiding system, a pushing system and a braking system of the permanent magnetic suspension locomotive system and permanent magnet rails (2) arranged on railway sleepers or steel cushion blocks (1). The suspending system comprises the permanent magnet rails (2) and vehicle-mounted permanent magnet bars (3) arranged at the bottom of a train (5). The guiding system comprises the permanent magnet rails (2) and a plurality of guide wheels (4) arranged on the two sides of the bottom of the train (5). The pushing system and the braking system comprise the permanent magnet rails (2) and a plurality of power discs (6), wherein the power discs (6) are arranged at the bottom of the train (5). The permanent magnetic suspension locomotive system is low in operation energy consumption, stable in suspension, high in engineering implementation reliability, and low in construction difficulty, and orbital transfer, operation and control are easy. An existing railway and metro rails can be installed and operated after being simply transformed.