To improve the mechanical properties of polyvinyl alcohol (PVA) fibers, a series of PVA fibers were prepared via dry-wet spinning with cross-linking of boric acid (BA) (PVA/BA fibers), and using the mixed solvent of dimethyl sulfoxide and water. Moreover, the final PVA/BA fibers were characterized by Fourier transform infrared spectra (FTIR), scanning electron microscopy (SEM), differential scanning calorimetery (DSC), thermogravimetric analyzer (TGA), powder X-ray diffraction (XRD) and yarn strength tester. Furthermore, with the increasing of BA content, FTIR analysis showed that the degree of crosslinking of BA with PVA increased. SEM images of final PVA/BA fibers presented smooth surfaces, and the diameters decreased firstly and then increased. DSC, TGA, and XRD analysis indicated that the melting temperatures, thermal properties and crystallinities first increased and then decreased with the increasing of BA content. In addition, mechanical properties measurements illustrated that the cross-linking existed at an optimal BA content of 0.3 wt%, and PVA/BA-0.3 fiber had the highest tensile strength and Young's modulus of 13.1 ± 0.4 and 360.2 ± 10.4 cN/dtex, respectively.