Abstract:With the recognition on the significance of wetland, wetland ecosystem service was come under more and more attention, and its valuation could give the policymakers a scientific support in punishing wetland destroyers and compensating its losers. This paper introduced the definitions of wetland ecosystem service, its function and value, summarized their valuation approaches, including market value approach, production function method, opportunity cost approach, shadow project approach, productivity variety approach, human capital approach, travel cost approach, hedonic value approach, contingent value approach and ecological value approach, and discussed the factors affecting the valuation results of these approaches as well as the existing problems in related researches. The further research directions in these fields were also prospected.