This paper proposes a new method for designing orthogonal and biorthogonal M-channel structurally perfect reconstruction (PR) Cosine-Modulated filter banks (CMFB) without constraint.To guarantee condition of CMFB PR and adjust overall input-output delay
the structure based on the lifting scheme is used in proposed method.The new method is superior to existed methods in low design complexity.Finally some examples are given to illustrate the method.