Based on the theoretical review of the necessity of socialized regulation on production safety and its pros and cons, this paper examines the present situation of production safety, and then empirically analyzes the effectiveness of Chinese government's socialized regulation. We get the conclusion that the effectiveness of Chinese government's socialized regulation is high at hard indicator, but low at soft indicator. In the end, we propose some suggestions to solve the problem of production safety, such as enhancing the construction of soft indicator and improve the effectiveness of Chinese government's socialized regulation with clear property and laws and regulations.