A method for reducing power consumption of a Wireless Local Area Networks Authentication and Privacy Infrastructure (WAPI) mobile terminal and a WAPI mobile terminal are provided. Said method includes: caching received WAPI service data into a dynamic cache module, and in a process of caching WAPI service data, when data quantity of cached WAPI service data accumulates to a data quantity threshold set by said WAPI mobile terminal, a processor module of said WAPI mobile terminal processing the cached WAPI service data. Said WAPI mobile terminal includes: a WAPI communication module and a processor module connected with each other, and a storage module connected with said processor module, and a dynamic cache module connected with said WAPI communication module and said processor module respectively.