Using the electro-optical modulation method to generate Raman beams for cold atom interference is one of the better methods for constructing a more compact and robust laser system. But this way will generate some residual sidebands resulting in the additional interference phase shift, which can affect the measurement accuracy of cold atom interferometer. In order to weaken the effect of laser modulation sidebands on the phase shift of cold atom interference, a double-sideband suppressed-carrier modulation laser system for cold atom interference is constructed. Based on the designed laser system, the principle of double-sideband generation and suppression is analyzed in detail, and some residual sidebands are adjusted and controlled. Moreover, some important optical parameters that affect the phase shift of cold atomic interference, such as the initial distance between the Raman retro-reflection mirror and the atomic cloud, the interrogation time between two adjacent Raman pulses, the laser modulation depth and the initial velocity of the atomic cloud, are discussed and optimized. By optimizing these relevant parameters, the influence of residual modulation sidebands on the phase shift of cold atomic interference is weakened drastically. The research results indicate, making use of the method of double-sideband suppression, the phase shift of cold atomic interference can be optimized to 0.7 mrad when the initial distance between the Raman retro-reflection mirror and the atomic cloud is 105 mm, and the interrogation time between two adjacent Raman pulses is 82 ms. More importantly, this work can provide a method for weakening the influence of Raman sideband effect on the phase shift of cold atom interferometer, and the corresponding laser system can be applied to other inertial sensors such as atomic gravimeter or atomic gravity gradiometer.