The invention relates to a gravure color press capable of cutting printing paper. The gravure color press capable of cutting the printing paper comprises a machine frame, a paper feeding mechanism, a printing mechanism, a paper receiving mechanism and a paper cutting mechanism. The paper cutting mechanism comprises a paper cutting roller, a power roller and a rotating device used for rotating the paper cutting roller. The rotating device comprises a first worm, a first worm gear and a rotating rod. The first worm gear is fixedly arranged on the rotating rod. The first worm is meshed with the first worm wheel. The first worm is rotationally arranged on a machine frame. The two ends of the rotating rod are provided with installation blocks correspondingly. The paper cutting roller is rotationally arranged between the two installation blocks. The paper cutting roller is provided with two cutters capable of being adjusted leftwards and rightwards. The paper cutting roller is provided with a first gear. The power roller is rotationally arranged on the machine frame. The power roller is provided with a second gear. The first gear is meshed with the second gear. The paper cutting mechanism can cut the printing paper, and therefore print products of corresponding dimensions can be produced according to requirements of clients.