Abstract: The paper demonstrated the connotation and method of elastic regeneration of the industrial heritage landscape from the perspective of its duality of aesthetic and functional elasticity. A analytical framework of two-dimensional matrices was constructed from the proposal of linkage analysis on the industrial heritage landscape, and the design strategy of aesthetic and functional duality was obtained. In terms of aesthetic dimensions, three characteristics had been obtained, i.e. the beauty of empty spaces, the beauty of ruins, and the beauty of mash-up. From the perspective of the functional dimension, the elasticity of ecosystem could be enhanced by restoring the environment and adapting to the local ecosystem. The derivative group of linkage was formed. Hence, the economic elasticity was improved and cultural elasticity was enhanced through activated culture innovation.