A method for realizing dynamic allocation of channel processing resources and load balancing in a centralized base station is disclosed, said centralized base station comprising a plurality of channel processing units independent of each other and remote radio frequency units connected to said channel processing units. The method comprises: dividing a plurality of cells under control of said centralized base station into a plurality of cell groups that are geographically adjacent and are centralized in the same regions different channel processing units performing channel processing of corresponding cell groups, respectively, wherein the channel processing units which are responsible for processing geographically adjacent cell groups are an adjacent channel processing unit for each other; determining a processing load amount of the respective channel processing units and traffic of the respective cells; and adaptively adjusting the cell groups for which the respective channel processing units are responsible for performing channel processing based on the determined processing load amount of the respective channel processing units and the determined traffic of the relevant cells, thereby balancing processing loads of the respective channel processing units. The method can effectively utilize the channel processing resources.