The Standardized Precipitation Evapotranspiration Index (SPEI) is a widely recognized and effective tool for monitoring meteorological droughts. However, existing SPEI datasets suffer from spatial discontinuity or coarse spatial resolution problems, which limits their applications at the local level for drought monitoring research. Therefore, we calculated the SPEI index at meteorological stations, combined with the Global Precipitation Measurement (GPM) Precipitation (Pre), Moderate Resolution Imaging Spectroradiometer (MODIS) Land Surface Temperature (LST), ERA5‐Land Shortwave Radiation (SR), Shuttle Radar Topography Mission (SRTM) Digital Elevation Model (DEM) datasets and Random Forest Regression (RFR) model, developed a high spatial resolution (1 km) SPEI (HSPEI) datasets with multiple time scales in mainland China from 2001 to 2022. Compared to other SPEI datasets, the HSPEI datasets have higher spatial resolution and can effectively identify the detailed characteristics of drought in mainland China from 2001 to 2022. Overall, the HSPEI datasets can be effectively applied to the research of different droughts in China from 2001 to 2022.