The strategic benefits of the coal bed methane (CBM) industry involve the overall contribution of the CBM industry development to the economy and thr community in general, and the factors influencing the benefits are discussed in the lights of the national energy supply-demand tendency and the conditions for the CBM industry development. Macroeconomic factors affecting the development and its strategic benefits of CBM industry in China include the economic situation, the coal production, the clean energy production and the environmental protection The future economic situation is uncertain, the future energy demand is in a continued growth, and the development of new energy and low-carbon technologies will stimulate the substantial growth of the natural gas (including CBM) production and consumption. As far as the micro-level is concerned, the CBM production is a key for the assessment of the industry strategic benefits, which is affected by the CBM resources and its proven degree, the CBM-extracting method and the technology, the capital investment and so on. The CBM resources in China are very rich but the proven resources are at a low level and in complex geological conditions, indicating a huge potential of the strategic benefit release and the high requirements for the innovation of CBM extracting technologies. The level of the technological development determines the degree of the strategic benefit realization of the CBM industry, the technological research and development should focus on the improvements of both the CBM production of the surface wells and the mine drainage in order to develop CBM-extracting technologies applicable to various types of geological conditions. The CBM development requires a high upfront investment and involves a high investment risk, and a long payback period, which requires a diversified investment and financing platform supported by the national policies.