Designing highly active and selective metal nanocatalysts for use in liquid chemical hydrides is highly attractive but remains a critical challenge. Herein, bimetallic NiPt nanoparticles (NPs) immobilized on lanthanum oxycarbonate (NiPt/La2O2CO3) have been facilely synthesized via an alkali-assisted reduction method. The introduction of NaOH is the key factor to the formation of the well-dispersed and ultrafine NiPt NPs (2.8 nm). The obtained Ni0.6Pt0.4/La2O2CO3 exhibits an extraordinarily high catalytic activity and 100% H2 selectivity for hydrous hydrazine dehydrogenation, providing a turnover frequency value (TOF) high up to 490 h−1 at 298 K. Additionally, the NiPt/La2O2CO3 prepared with NaOH demonstrates higher catalytic performance and lower activation energy than that of NiPt/La2O2CO3_N prepared without NaOH. Moreover, the NiPt/La2O2CO3 also shows an outstanding catalytic efficiency (TOF = 1200 h−1) for dehydrogenation of hydrazine borane at 298 K. The efficient catalytic performance may be attributed to the small size effect, the strong metal-support interaction, and the NaOH promotion effect. This alkali-assisted reduction method provides a new perspective for preparing of highly efficient catalysts in clean energy application.