Abstract: The Natural Forest Protection and Restoration Scheme will be the guiding document for state-owned forest industry enterprises to protect the eco-environment for a long time to come. Under the premise of ecological environment protection, how to take advantage of their environmental resources to promote economic development is the top priority for these enterprises. From the perspective of the coordinated development of ecological protection and industry growth, this paper analyzes the measures that make use of forest space and environment to develop ecological industry under the context of natural forests protection. The research shows that Heilongjiang state-owned forest industry enterprises accomplished remarkably ecological protection, but they have failed in giving full play to their advantages in ecological resources to achieve the industry development. Currently, they are challenged by heavy debt burden, low operating efficiency and shortage of talents, which makes them lack in vitality. Therefore, it is urgently needed to solve the current development dilemma through industrial development support and guarantee policies. In this sense, the paper comes up with the policy recommendations on the industrial development of state-owned forest industry enterprises, including continuous tapping of multiple values of natural forest resources, accelerated exploration of coordinated growth of ecological protection and industry development, establishment of diverse schemes of inputs for nature forest protection and restoration, active promotion of public welfare of natural forest protection and continuing engagement in institutional innovation of ecological product valuation. Based on recommendations, the paper proposes the policies system for promoting ecological protection and industrial development by state-owned forestry industry enterprises, including:1) Deepening the understanding of coordination and win-win results between ecological protection and economic growth; 2) Constantly improving the policy system for the industrial development of state-owned forest industry enterprises; 3) Stimulating the vitality of the enterprises with proactive fiscal policies; and 4) Continuing to explore the new model for ecological resources valuation.