Magnesium (Mg) has drawn increasing attention as a tissue engineering material. However, there have been very few studies of laser-melted Mg-Zn alloys. In this study, four binary Mg-xZn (x = 2, 4, 6 and 8 wt. %) alloys were fabricated by laser melting. The influence of zinc (Zn) content and technique on the degradation behavior and mechanical properties of Mg were discussed. Results revealed that Mg-xZn alloys consisted of an α-Mg matrix and MgZn phases, which dispersed at the grain boundaries. In addition, the MgZn phase increased with the increase in Zn content. The laser-melted alloy had fine homogenous grains, with an average grain size of approximately 15 µm. Grain growth was effectively inhibited due to the precipitation of the MgZn phase and rapid solidification. Grain refinement consequently slowed down the degradation rate, with Zn content increasing to 6 wt. %. However, a further increase of Zn content accelerated the degradation rate due to the galvanic couple effect between α-Mg and MgZn. Moreover, the mechanical properties were improved due to the grain refinement and reinforcement of the MgZn phase.