The opening of the potential new sea route caused by the shrinking of the Arctic ice can bring huge influence to China^'s shipping industry and global seaborne trade. China^'s positive response to Russia^'s cooperative invitation of constructing the ^“Ice Silk Road^” together is meant to dock the Arctic development cooperation with the ^“One belt, One Road^” initiative effectively. The key point of the construction is the development and utilization of the ^“Ice Silk Road ^” maritime transport corridor. In order to facilitate the process of developing and utilizing the sea routes of ^“Ice Silk Road ^” in China, a system for developing and utilizing the sea routes of ^“Ice Silk Road^” is constructed. This system consists of four subsystems: the application subsystem centered by shipping, the exploitation subsystem centered by strategic management, the consultation subsystem centered by experts and the development subsystem centered by coordination. On the basis of constructing the framework of each subsystem, the structures, functions and key technologies are put forward for the system of developing and utilizing the sea routes of ^“Ice Silk Road^”. 