The feasibility of utilizing industrial waste to produce soft soil stabilizer with high added value is discussed from the point of view of technical effect, economic benefit and production and management mode. Principle of design for stabilizer with industrial waste is offered based on the characteristics of stabilized soil structure formation and its special demand on stabilizer components; examples of the stabilizer composition are presented, and the performance/cost ratio of the stabilizers are compared with that of Portland cement. Reasonable production and management mode for industrial producing the stabilizer with industrial waste is discussed also. It is suggested that as long as appropriate industrial wastes are selected intentionally to meet the special demand on the stabilizer composition needed to form stabilized soil structure, the soil stabilizer with high performance/cost ratio could be gotten. It is advised that the stabilizer should be designed individually according to the properties of the soil to be stabilized, the production mode that the stabilizer is produced by mixing multi-components and the management pattern of incorporating designing, production and selling should be adopted.