Projection models are commonly used to evaluate the impacts of fishing. However, previously developed projection tools were not suitable for China\'s fisheries as they are either overly complex and data-demanding or too simple to reflect the realistic management measures. Herein, an intermediate-complexity projection model was developed that could adequately describe fish population dynamics and account for management measures including mesh size limits, summer closure, and spatial closure. A two-patch operating model was outlined for the projection model and applied to the heavily depleted but commercially important small yellow croaker (Larimichthys polyactis) fishery in the Haizhou Bay, China, as a case study. The model was calibrated to realistically capture the fisheries dynamics with hindcasting. Three simulation scenarios featuring different fishing intensities based on status quo and maximum sustainable yield (MSY) were proposed and evaluated with projections. Stochastic projections were additionally performed to investigate the influence of uncertainty associated with recruitment strengths and the implementation of control targets. It was found that fishing at FMSY level could effectively rebuild the depleted stock biomass, while the stock collapsed rapidly in the status quo scenario. Uncertainty in recruitment and implementation could result in variabilities in management effects; but they did not much alter the management effects of the FMSY scenario. These results indicate that the lack of science-based control targets in fishing mortality or catch limits has hindered the achievement of sustainable fisheries in China. Overall, the presented work highlights that the developed projection model can promote the understanding of the possible consequences of fishing under uncertainty and is applicable to other fisheries in China.