The current exploitation of cephalopod resources in the globe are briefly described in this paper. The catch and main cephalopod species in eight important statistical fishery areas are also analyzed. The cephalopod catch in Northwestern Pacific have persistently taken first place and have been continuously increasing since 1990s. In 1995 its catch data accounted for 35. 3% in the total cephalopod catch. In this paper, the development of Chinese distant-water squid jigging fishery is simply introduced as well.After having 8 years developed, it has become a pillar industry in Chinese marine fisheries,and fishing grounds are widely distributed in Japan sea, Northwestern Pacific, New Zealand around waters and Argentine coastal waters. Finally some suggertions about developing squid jigging fishery of China are put forward in the future.