Reforestation plays an important role in the carbon cycle and climate change. However, knowledge of ecosystem carbon sequestration through reforestation with mixed species is limited. Especially in dry hot valley of the Jinsha River, no studies cover total ecosystem carbon sequestration level in mature mixed plantations for a limited area of mixed plantations and difficulty in the sampling of plant roots and deep soil. In this study, carbon sequestration of seven mixed plantations of different ages in dry hot valley of the Jinsha River was investigated with analogous sites method. The results are as follows: 1) Deep soil organic carbon (SOC) storage significantly increased with stand age (p = 0.025), possibly due to fine root exudates and dissolved organic carbon transportation into deep soil and retention. 2) Total biomass carbon storage in the 30-year-old mixed plantation was 77.78 t C ha−1, 54 times reference wasteland and 9 times reference natural recovery shrub-grassland. However, total biomass carbon storage of 30-year-old mixed plantation was insignificantly lower than that of reference natural forest (p = 0.429). After 30 years of reforestation, plantation biomass carbon storage recovered to reference level, and its sequestration rate was 2.54 t C ha−1 yr−1. 3) The total ecosystem carbon storage of 30-year-old mixed plantation was 185.50 t C ha−1, 2.38 times reference wasteland, 2.29 times reference natural recovery shrub grassland, and 29% lower than reference natural forest. It indicated that niche complementary, good stand structure, and characteristics of dominant species Leucaena leucocephala in mixed plantations facilitate more rapid carbon sequestration, especially biomass carbon in the dry hot valley.