The invention discloses a wear-resistant and anti-oxidation novel magnesium-zinc alloy material. The magnesium-zinc alloy material is prepared from the following components in percentage by mass: 40-50% of Mg, 20-30% of Sn, 10-20% of Zn, 0.3-0.6% of Sr, 4-6% of Si, 3-7% of Pb, 5-10% of Fe, 4-6% of Mn, 0.01-0.1% of Ti and the balance of Al, a copper wire is prepared from pure copper, the diameter of the copper wire is 1-2 mm, an iron wire comprises the chemical components in percentage by weight: 0.09-0.15% of C, 0.2-0.3% of Si, 0.25-0.35% of Mn, less than 0.02% of P, less than 0.025% of S andthe balance of Fe, and the volume percent of the two metal wires accounts for 10% of the total volume percent of the material. The magnesium-zinc alloy material has the advantages that the metallographic structure of a prepared magnesium-aluminum-silicon-zinc alloy plate is good in compactness, the hardness reaches 80 HV, and the tensile strength reaches 340 MPa.