Carbon dioxide-based TPU and corn starch were used as raw materials to prepare a kind of carbon dioxide-based blend material with excellent comprehensive properties by using a torque rheometer. The effects of different starch content and different temperature on the mechanical properties and rheological properties of carbon dioxide based blendings were studied by using scanning electron tunnel, universal electronic testing machine, torque rheometer and high pressure capillary rheometer. The results show that the tensile properties and tearing properties of the blends increase first and then decrease with the increase of starch content. When the starch content is 30%, the comprehensive mechanical properties are the best. With the increase of temperature, the apparent shear stress and apparent shear viscosity of the blends decrease, and the comprehensive processing property of the blends decreases gradually with the increase of starch content.