The Fourier method for one-way wave propagation is efficient, but potentially inaccurate in complex media. The implicit finite-difference method can handle arbitrarily complex media, but can be inefficient in 3D and has limited dip bandwidth. We proposed a new Fourier method based on Chebyshev expansion of the second kind. Both theoretical analyses and numerical experiments show that the proposed method is comprehensively superior to a similar method based on Chebyshev expansion of the first kind in terms of balanced amplitude and error tolerance. Within the dip bandwidth from 0 to 65°, the fourth-order form of our method has an error tolerance of 2%, which is about one-third that of Chebyshev expansion of the first kind. Our method is also superior to the implicit finite-difference method in several important aspects: effective bandwidth, computational efficiency, numerical dispersion and two-way splitting error. It can be easily extended from 2D to 3D compared with the finite-difference method and from low orders to high orders compared with the optimized Chebyshev-Fourier method. The proposed method shows better imaging results of the SEG/EAGE model by providing a well-focused salt dome, flank and bottom as well as the detailed structures beneath the salt body, compared with the implicit finite-difference method and Chebyshev expansion of the first kind; meanwhile, our method has less imaging artifacts since it can better position the reflectors.