This application relates to the field of photographing technologies, and provides a video processing method and an electronic device, so as to adjust a playback speed for part of video frames during video recording. The electronic device displays a first screen, where the first screen includes a first icon for indicating that a recorded video is to be played at a first speed. The electronic device displays a second screen. Both the first screen and the second screen are viewfinder screens during video recording, and the second screen includes a second icon for indicating that the recorded video is to be played at a second speed. The electronic device generates a first video file. The first video file includes a first video stream and a second video stream the electronic device plays the first video stream at the first speed and plays the second video stream at the second speed.