Co-doped ZnO nanocrystallines were fabricated by hydrothermal method with high pulsed magnetic field. As a new preparation method, more refined grains and diluted magnetic semiconductors (DMSs) with better performance could be obtained by the hydrothermal synthesis process under pulsed magnetic field. The samples were tested by X-Ray Diffraction (XRD), Scanning Electron Microscope (SEM), Vibrating Sample Magnetometer (VSM) and Raman scattering spectrum. The results show that the sample prepared under pulsed magnetic field has wurtzite structure with tiny crystal lattices changes. Doping Co ions into ZnO crystal lattice is also improved. Curie temperature of 2% Co doped ZnO nanocrystallines synthesized with 4T pulsed magnetic field is higher than that for without magnetic field process, and very close to the room temperature.