An image capturing method and a terminal device are provided. The method includes entering a camera application to start a lens and display a viewfinder interface, converting an original image captured by the lens into a red-green-blue (RGB) image, and decreasing luminance of the RGB image to be less than first luminance or increasing the luminance of the RGB image to be greater than second luminance, to obtain a first image; converting the RGB image into N frames of high-dynamic-range (HDR) images, and fusing color information of pixels in any same location on the first image and the N frames of HDR images to obtain a final image.