A fluidized bed reactor includes a main shell and a coke control zone shell; the main shell includes an upper shell and a lower shell; the upper shell encloses a gas-solid separation zone, and the lower shell encloses a reaction zone; the reaction zone axially communicates with the gas-solid separation zone; the coke control zone shell is circumferentially arranged on an outer wall of the main shell; the coke control zone shell and the main shell enclose an annular cavity, and the annular cavity is a coke control zone; n baffles are radially arranged in the coke control zone, and the n baffles divide the coke control zone into n coke control zone subzones, where n is an integer; the coke control zone subzones are provided with a coke control raw material inlet; and a catalyst circulation hole is formed in each of n−1 of the baffles.