Abstract: Present disclosure a multi-component supercritical thermal fluid generation system and method with segmented air supply. The outlet of a water tank is communicated with the preheated water inlet of a multi-component supercritical thermal fluid generator body, the preheated water outlet of the multi-component supercritical thermal fluid generator body is communicated with the cold fluid inlet of a heat exchanger, the product outlet at the upper part of the multi-component supercritical thermal fluid generator body is communicated with the thermal fluid inlet of the heat exchanger, and the slag outlet at the lower part of the multi-component supercritical thermal fluid generator body is communicated with the inlet of a slag discharge lock hopper.