Taking a total of 13 areas in Heilongjiang commodity grain base as the research objects, 9 indices are selected, which are regional GDP (X1), per capita GDP (X2), total value of tertiary industry (X3), financial revenue (X4), urban fixed assets investment (X5), average salary (X6), gross industrial output value (X7), total output value of farming, forestry, husbandry and fishing (X8), and retail sales of social consumer goods (X9). Based on this, evaluation index system of regional economy is established. According to the 2006-2008 Heilongjiang Statistical Yearbook, average values within 3 years are used as analytical data. Factor Analysis Method is adopted to establish regression model and to carry out comprehensive analysis. Result shows that Heilongjiang commodity grain base has extremely uneven regional economic development in different areas. According to the score order and actual situation, the 13 areas are divided into 4 types. The first and second types are Harbin and Daqing, respectively. The third type is Qiqihaer, Suihua, Mudanjiang and Jiamusi. And the forth type is Jixi, Shuangyashan, Heihe, Yichun, Qitaihe, Hegang and Daxinganling. Suggestions for the development of these areas are put forward.