Abstract: Within the context of socioeconomictransition as well as the increasingly tighten constraints of resources and environment, ecoeconomy as a reasonable method of reforming the traditional economic development mode and realizing the sustainable development of economic society and ecological environment, has been drawing great attention. This paper reviewed the origin and concept of ecoeconomy, also generalized its “three low” and “three high” characteristics. Based on the space equilibrium theory which involves the division of the industrial and ecological products, this paper concluded that the important and sensitive ecological area in the eastern region is the preferable area for ecoeconomy on account of its significant contribution to the ecological balance of larger area. The industry conformations of ecoeconomy that characterized by the deindustrialization process which emphasizes supply of ecoproducts and the wealth creation capability which emphasizes extension of ecoproducts industrial chain and ecosustainable development differentiate ecoeconomy from the traditional economy mode, also make ecoeconomy a new way to realize the cogrowth of the natural and economic wealth.