We investigate the photonic crystal slab cavities with different symmetries (C2,σv, C3,σv, C6,σv), and try to find out the rules for increasing the Q factor and reducing the effective modal volume value. The results indicate that the cavity with C2,σv symmetry may be the most suitable candidate, which has high Q factor and small effective modal volume. Based on the cavity with C2,σv symmetry, we use the improved geometry projection method to optimize the shapes of neighbor holes of the cavity and obtain a new slab cavity structure with a high Q value of 5.15 × 105 and small effective modal volume value of 0.09(λ0/n)3. The performance of such a structure is better than in previous reports, which is significant for developing photonic crystal cavity based devices.