The invention discloses a novel tracery fabric and a weaving process thereof, belonging to the technical field of tracery fabrics. The fabric includes light transmission parts and sunshade parts which are circularly arranged at interval, (1) longitude lines of the light transmission parts and the sunshade parts consist of two types of half optical polyester fiber multifilament stretch yarns with different thickness; (2) latitude lines of the light transmission parts consist of three superfine bright polyester fiber single fiber filaments which are mergered; and (3) the latitude lines of the sunshade parts adopt polyester fiber multifilament stretch yarns after dyeing. The novel tracery fabric has good fabric strength and vertical sense, and is stronger, flatter and stiffer and more durable, especially by intermittently controlling the different tensions of the thick longitude lines of the sunshade parts, the invention leads the sunshade parts to form a plurality of three-dimensional foldable crossbands, thus further improving the vertical sense and the rigidity of the novel tracery fabric, leading the fabric to be flatter and stiffer without waves and unweaving marks, and greatly improving the overall aesthetic property of the tracery.