BasedondifferentequationofCobb-Douglasproductionfunction,themodelofregulatingregionaleconomyonthemultiobjectiveoptimizationofefficiencyandequityissetup,withthespatialdistributionstrategyofcapitalandlabourforceasthecontrollingvariable.Twobasicconclusionsdrawnfromthemodelarestrictlydemonstrated:①Acountry'seconomicdevelopmentisdecidedbytheconsistencybetweentheregionaldistributivestrategyofincrementinvestmentandtheregionaldifferenceinmarginalinvestmentrevenue.②Thecoupletargetsofefficiencyandequityarestrictlyinconflictwitheachother,ifandonlyifthemarginalinvestmentrevenueinthedevelopedregionsishigherthanintheundeveloped,otherwisethetargetsareconsistent.