According to the electric auxiliary braking system and method for the hybrid electric vehicle, a driving motor assembly, a power generation system, a power battery assembly and an electric energy consumption box are all electrically connected with a high-voltage distribution box, and an electric energy consumption box switch is arranged between the high-voltage distribution box and the electric energy consumption box in series; the power battery assembly, the power generation system, the high-voltage distribution box, the electric energy consumption box switch, the conventional auxiliary brake switch, the ABS/ESC controller and the driving motor assembly are all in communication connection with the whole vehicle controller, and the conventional auxiliary brake switch is electrically connected with the conventional auxiliary brake system. According to the system and the method, it can be guaranteed that even if the power battery is fully charged, electric auxiliary braking can still play a role, the carried vehicle has the good long slope descending auxiliary braking effect, when the vehicle is driven to run through hybrid power, surge of the power battery is avoided during emergency braking, and normal work of the power battery is guaranteed.