The Weifang mahogany inlay silver lacquer craftsmanship, as an integral part of the national intangible cultural heritage, not only carries rich cultural connotations and historical value but also faces the dual challenges of inheritance and development. This article delves into issues such as the decrease in artisans and the lack of market awareness, exploring multidimensional strategies to promote its creative transformation and innovative development. Through approaches such as government-enterprise cooperation, product innovation, and internet marketing, it aims to establish a pathway that facilitates the inheritance and innovation of the Weifang mahogany inlay silver lacquer craftsmanship, showcasing the unique value and significant role of intangible cultural heritage in contemporary social development.