Semi-airborne electromagnetic method (SAEM) is a geophysical electromagnetic detection method which places the transmitting subsystem on the ground and the receiver subsystem on the flight platform. This transceiver configuration has been found to be more efficient than that of the traditional ground electromagnetic methods while it can get much deeper penetration than the traditional airborne electromagnetic methods. Therefore, the SAEM has been widely used in mineral, groundwater, geothermal, and other resources exploration fields. In this paper, we would like to take the most key problems encountered in the SAEM system design and application as the starting point, and then we focus mainly on reviewing the progress of the transmitter, sensor, and receiver technology, as well as data processing, modeling, and imaging methods of the SAEM in China. In particular, the research progress of multi-source SAEMs will be introduced. Beyond that, two prospecting examples with different SAEM systems will be introduced. Finally, we will discuss the future of the SAEM in terms of equipment developing, data processing, modeling and inversion, to promote the research and application in this field to a higher level.