The invention discloses a novel steel belt traction machine. The novel steel belt traction machine comprises a stator rack, a motor shaft, a stator winding, a rotor, a traction sheave and a brake, wherein the stator winding is arranged on the stator rack in a surrounding mode; the motor shaft is fixedly installed in the center of the stator rack; the rotor is arranged between the stator rack and the motor shaft and can rotate around the motor shaft; the traction sheave is fixedly installed on the rotor and used for driving a steel belt to run; and the brake is arranged at the top end of the stator rack and used for performing braking on movement of the rotor. The novel steel belt traction machine has the advantages of being simple and compact in structure, high in mechanical efficiency, lower in noise, safer and more reliable.