Abstract: A ZSM-5/? core-shell molecular sieve has a core composed of at least two crystal grains of ZSM-5 molecular sieve and a shell composed of a plurality of crystal grains of ? molecular sieve. The ZSM-5 molecular sieve grains has an average grain size of 0.05-15 ?m. The core-shell molecular sieve has a shell coverage of 50-100%, a shell thickness of 10-2000 nm, and an average grain size of the ? molecular sieve grains in the shell of 10-500 nm. A ratio of a height of a diffraction peak at 2?=22.4° to a height of a diffraction peak at 2?=23.1° in an X-ray diffraction pattern of the ZSM-5/? core-shell molecular sieve is 0.1-10:1.