The invention discloses a construction method for hoisting a novel phase modifier based on a portal frame and a Laoxinge device. Construction preparation and basic treatment are conducted; track beamsupports are arranged and reinforced; track beams are placed; the track beams are arranged in two columns on steel buttresses and fixed through bolts; a portal frame traveling mechanism is placed, anda portal frame is mounted; a hydraulic hoisting device is mounted and arranged; a hoisting device is perfected and debugged; a stator is unloaded and steered; the hydraulic hoisting device is arranged again; the stator is hoisted in position; and hoisting equipment is dismounted. The track beams are laid between a phase modifier base platform and a hoisted object, the Laoxinge device are matchedwith the portal frame to travel on the track beams, the effect that heavy objects are hoisted in position in factories without heavy hoisting equipment in a narrow space is achieved, vertical lifting,lowering, back-and-forth movement and rotation operation of the heavy objects can be completed, and the problems that in the prior art, assembled operation equipment is adopted for operation, the operation steps are cumbersome and complicated, the workload and labor intensity of personnel are increased, and the burden on enterprises is increased are solved.