The invention relates to a lifting type paper folding machine and belongs to the technical field of burning paper folding equipment. The lifting type paper folding machine comprises a rack, a controller, a paper storage box, a paper pushing device, a paper folding knife and a conveyor; the plane of the rack is provided with the paper pushing device; the paper folding knife is installed on one sideof the paper pushing device through a lifter; the conveyor is arranged at the position, below the paper folding knife, of the rack; the paper storage box is fixedly installed at the position, below the paper pushing device, of the rack; a lifting board is installed inside the paper storage box in a sliding mode and provided with a drive gear through a lifting motor; and the drive gear is in engaged connection with a rack vertically arranged inside the paper storage box. The lifting type paper folding machine is simple in structure and convenient to use, can automatically finish distribution of turns and folding work of burning paper, solves the problems that the above work is finished manually and consequently the labor intensity is high and the work efficiency is low in the prior art, and meets the use requirements of enterprises.