The invention provides a balance screen pipe comprising a liquid channel which is a base pipe, a composite filter sleeve component, and a radial rotation and axial flow-limit type throttler. The throttler is used for controlling the flow of liquid in a liquid channel, and comprises a throttler body and a throttle support disc, wherein the throttler body is provided with an axial liquid passing piece. The composite filter sleeve component and the throttler are coaxially sleeved outside the base pipe; and the composite filter sleeve component comprises an inner protective sleeve, a plurality of layers of filter nets, and an outer protective sleeve. By radially rotating the throttler body, the number of communicated axial liquid passing holes is adjusted, and the aim of limiting the flow is easy to fulfill.