The invention discloses myopia preventing paper and a production technology and application thereof. The myopia preventing paper comprises a paper body, and the paper body reflects colored light with the wavelength of 480 nm-550 nm and presents yellow with the brightness of 56%-64%. The production technology comprises the steps that waste paper and straw are taken as raw materials, the straw is crushed into flakes, subjected to impurity removing, dewatered and then placed in a container, a swelling agent, a cooking agent and water are added into the container, and all the materials are mixed to be uniform; heating is conducted for cooking, and straw pulp is prepared; the waste paper is placed in the container; water is added into the container, and paper pulp is prepared; deinking treatment is conducted on the paper pulp; impurities are removed; the straw pulp and the paper pulp are mixed to be uniform; impurities are removed again; the mixed pulp is subjected to hot-grinding dissociation and delivered into a pulp pool, and packing and a water repellent agent are added; the mixture is fed into a paper making machine, and the paper is made. The myopia preventing paper can be applied to books of accounts, exercise books and reading materials. The finished paper made through the technology is high in fiber strength, is naturally yellow without bleaching treatment, does not need to be dyed with a dyeing agent, cannot cause environmental pollution and has the effect of preventing myopia.