A series of Pt nanoparticles (with size of 3-4 nm) decorated CdS nanorods were prepared via a simple solvothermal method. The samples were then used for photocatalytic selective oxidation (SO) of aromatic alcohols and reduction (SR) of nitroarenes in one reaction system. The platinized samples showed enhanced activity for the conversions than pristine CdS as Pt can serve as e(-) trapping and reaction sites, by which the recombination of photoinduced charge carriers can be suppressed and the adsorption of reactants and the SR of nitroarenes can be promoted. The sample loaded with only of 0.03% Pt showed the highest performance and, after irradiation for 4 h, the conversions of p-methoxybenzyl alcohol and nitrobenzene are as high as 92.7% and 94.8%, while the yields of p-methoxybenzaldehyde and aniline are 80.5% and 36.0%. The activities are about 2.0 times higher than that of CdS. The coupling reaction mechanism for the SO of aromatic alcohols to aldehydes and SR of nitroarenes to anilines in the reaction system was finally proposed.