Performance-price ratio, safety and tensile mechanical properties of the new 3-strand fishing PP/PE composite monofilament rope ("PP/PE composite monofilament rope") were studied in this paper. PP/PE composite monofilament rope was made with the fishing polypropylene/Polyethylene (PP/PE) composite monofilament using modification technology. The result shows linear density, breaking load, breaking strength and percentage of breaking elongation of PP/PE composite monofilament rope in the diameter of 8.0mm are respectively 32ktex, 9.77kN, 3.05cN/dtex and 18%; if common fiber rope is replaced by PP/PE composite monofilament rope without modifying the rope, not only the rope linear, density diameter, but also the netting gear resistance and raw material consumption can be reduced; with safety and tensile mechanical properties, there is an extensive prospect of industrialized application for PP/PE composite monofilament rope.