Regional Economic Development Strategy Based on the Competence of Innovation and Investment

The paper first analyzes several influential regional economic development theories and their applying conditions,and then starting from innovation competence and investment competence which are two leading factors deciding the growth of regional economy,on the basis of calculation and analysis,discusses regional economic development strategy.The author puts forward "the renew strategy" for the old northeastern industrial region,"the butt joint strategy" for the less-developed middle areas like Henan,and the "amalgamation strategy" for the under-developed western areas..