Due to a long-term transgression since the Early Cambrian, an extensive shallow-water carbonate platform was developed in the entire Tarim Basin (NW China). During the deposition of the Yingshan Formation (Early-Middle Ordovician), a carbonate ramp system was formed in the intrashelf basin in the Bachu-Keping area of the western basin. Four well-exposed outcrop sections were selected to investigate their depositional facies, cycles, and sequences, as well as the depositional evolution. Detailed facies analyses permit the recognition of three depositional facies associations, including peritidal, semi-restricted subtidal, and open-marine subtidal facies, and eleven types of lithofacies. These are vertically arranged into meter-scale, shallowing-upward peritidal, semi-restricted subtidal, and open-marine subtidal cycles, in the span of Milankovitch frequency bands, suggesting a dominant control of Earth’s orbital forcing on the cyclic sedimentation on the platform. On the basis of vertical facies (or lithofacies) and cycle stacking patterns, as well as accommodation changes illustrated graphically by Fischer plots at all studied sections, six third-order depositional sequences are recognized and consist of lower transgressive and upper regressive parts. In shallow depositional settings, the transgressive packages are dominated by thicker-than-average, shallow subtidal cycles, whereas the regressive parts are mainly represented by thinner-than-average, relatively shallow subtidal to peritidal cycles. In relatively deep environments, however, the transgressive and regressive successions display the opposite trends of cycle stacking patterns, i.e., thinner-than-average subtidal cycles of transgressive packages. Sequence boundaries are mainly characterized by laterally traceable, transitional zones without apparent subaerial exposure features. Good correlation of the long-term changes in accommodation space inferred from vertical facies and cycle stacking patterns with sea-level fluctuations elsewhere around the world suggests an overriding eustatic control on cycle origination, platform building-up and evolution during the Early-Middle Ordovician, although with localized influences of syndepositional faulting and depositional settings.