The liquid-solid circulating moving bed reactor is a novel one, which consists of two reaction chambers and a particle transport system. Particles move down to the lower reaction chamber from the upper reaction chamber through a coupling standpipe and to the particle transport system through a bottom standpipe, and are then conveyed into the upper reaction chamber through a riser. A stress distribution model based on the equations of continuity and momentum balance in the reactor is established and used for simulations which shows that the stress concentration regions are at the coupling standpipe and the bottom of the regeneration chamber. To reduce the largest stress in the stress concentration regions and to minimize catalyst consumption, the regeneration chamber should be designed to give a low ratio of height to diameter. Zoning diagrams of the flow patterns in the bottom standpipe are proposed and the flow patterns can be readily deduced from the pressure gradient.