Liaoning is famous in China and even in the world for containing rich paleontological and geological heritage resources, which are valuable for the scientific research, popular science and socioeconomic development. To analyze the characteristics and development model of paleontological relics can provide basic materials for the in-depth study of paleontological fossils in Liaoning, and can also provide ideas for the development of the paleontological fossil industry in Liaoning. Methods: According to the recent survey results of paleontological fossil resources in Liaoning, the types, temporal and spatial distribution of paleontological relics in Liaoning are summarized and studied, and the current status of protection and utilization of paleontological heritage in Liaoning is analyzed, and its comprehensive utilization and development model is discussed. Results: The diversified development model of fossil protection and utilization is analyzed, the greatest advantages of fossils are excavated, and the research and travel development of fossil resources are recommended, the cultural and creative products based on fossils are proposed. Conclusions: Liaoning should consider a variety of paleontological fossil protection and application methods, maximize the advantages of fossils, expand geoscience research travel routes through multi-department joint development, attract enterprises to invest in the creation, research and development of paleontological cultural and creative products, and establish Fossil Culture Center.