As being an indispensable aspect of the evolution on economy and society in our country,each of the party s generation has been emphasizing the balanced development of regional economy and publishing different regional economic policies by the practical situation and real needs at different time.

In order to meet the demands of social and economic development after the war, Japan has implemented a series of regional economic policies, including chiefly such policies as for regional revitalization and development, regional distribution of industries, reduction of regional differences, and for promotion of the development of the backward regions.

On the basis of the analysis on the regional economic policies, the author has analyzed the choice of the regional economic policy goals, the separation and centralization of state power in policy means choice, the leading effect of public goods and non- public goods.

First of all,we systematically review the historical evolution of regional economic policy in China and institutional change.

Regional economic policy evaluation is one of the most important part in the process of regional economic policy implementation, it is not only the assurance to enhance the efficiency of the regional economic policy, but also the accordance to determine whether to continue, edit, adjust or stop the regional economic policy.