This paper reports depositional characteristics of deep?water debris flow of Lagongtang Formation in Nagqu area, Tibet, and points out that it is significant for its controlling factors, depositional process analyzed and depositional model proposed to improve marine theories of gravity flow, to assess petroliferous basins. The debris flow deposit consists of gravel debrites in its lower and sandy one alternating with muddy one in its upper, and soft depositional deformation structures with varying types, scales are developed in it like soft depositional deformation folds, boudinages and soft dual structures. And many slumps and slides are identified in the gravel? and sandy debites. The research shows that along with Mugagangri Group gradually being exposed and denuded in Middle Jurassic, a delta was developed at the tectonic transition from Bangong Co?Nujiang suture zone to Lhasa blok after closure of Bangong Co?Nujiang ocean, forthurmore, it laid a material foundation for the formation of gravity flow deposits of Lagongtang Formation. Futhurmore, the main delta river turned into a canon channel, along with the junction zone thrusting southwards and delta lifting continuously on it. Loose deposits resulted from unconsolidated sediments of the delta collapsed in the channel steep bank flows towards basin along the channel under self?gravity. The debrites diversion took place under the influence of several factors such as terrain when it passed by the mizoguchi, and 2 sub-debrites formed and deposited frozenly at last.