The present invention discloses a rate matching method and device. The method includes that: an information bit sequence is coded and interleaved to obtain a mother code codeword with a length NFB—Buffer; and bits are selected from the mother code codeword to generate a hybrid automatic repeat request (HARQ) subpacket for current transmission. By means of the present invention, the effect of covering the whole mother code area can be achieved as much as possible, and the performance of the HARQ multiple retransmission link can be enhanced.