The invention discloses a circulating feeding printer with combination of screen printing and digital ink jet, comprising a rack, wherein the rack comprises a rack upper layer and a rack lower layer; the rack upper layer and the rack lower layer are respectively provided with a driving platen capable of move back and forth relative to the rack, the driving platen is provided with a movable printing platen capable of sliding back and forth relative to the driving platen and used for bearing a printing medium, a locking device capable of locking the movable printing platen and the driving platen is arranged between the movable printing platen and the driving platen, platen transfer devices respectively used for transferring the movable printing platen at the upper layer of the rack onto the driving platen at the lower layer of the rack and transferring the movable printing platen at the lower layer of the rack onto the driving platen at the upper layer of the rack are respectively arranged at two sides of the driving platen on the rack, and the rack is further provided with a screen printing device and an ink-jet printing device used for carrying out screen printing and digital ink jet on the printing medium on the movable printing platen. The circulating feeding printer has the advantages of being excellent in printing quality, small in occupation area, high in production efficiency and high in automation degree.