The article mainly aims at the problems which including the single channel common existed in the local government investment and financing platform in western region, the poor ability of debt paying and the shortage of funds. It puts forward that in the operation mode industry chain business design should be appropriately extended, the financing mode should be expanded and implementation of debt restructuring. Meanwhile, it correspondingly gives relevantly alternative plan. At the end of improvement, there is more extension in industry chain business design with the local government investment and financing platform. It is not only as a function of government financing, but also as the function of the marketization of the modern company.