The combination of government reserve and enterprise reserve is one of the main models of emergency material storage in Beijing City. In recent years, China was advocating the government and enterprises to establish multi level and multi mode of the storage mode to save cost and improve efficiency. This paper uses mathematical model to establish a cooperative game premise condition, then analyses the emergency material storage cooperative game between the government and the enterprise and establishes binding cost apportionment and punishment measures to get a stable cooperation, so that both sides obtain the biggest benefit. Finally, based on the game of government and enterprise cooperation establish cost lowest Beijing emergency materials storage and transportation mode.