In this survey, we give a neat summary of the applications of the multi-resolution analysis to the studies of Besov-Q type spaces () and Triebel-Lizorkin-Q type spaces (). We will state briefly the recent progress on the wavelet characterizations, the boundedness of Calderón-Zygmund operators, the boundary value problem of () and (). We also present the recent developments on the well-posedness of fluid equations with small data in () and ().