According to the results of the water and sediment regulations of the Yellow River in year 2002-2007, the effect of erosion and deposition on the lower reaches, the amount and distribution of erosion and deposition in the river mouth area, the adjustment of river regime, the effect of river regulation projects and changes of flowing capacity of the channel are analyzed. It is revealed that the water and sediment regulation is efficient to reduce deposition and improve the flowing capacity and the conditions of sediment transport.