Blue lanterns should be a symbol of the poor life of Buddhists.
After reading another answer, I went to search for "Qingdeng Huangjuan" and felt that my answer was one-sided. Handling to supplement, for reference only.
1. The following is an excerpt from Baidu Encyclopedia's entry "Blue Lantern Yellow Roll":
Blue Lantern Yellow Roll means an oil lamp with blue light and a book with yellow paper, which means studying hard.
Source: Yuan Ye Qing's Cold Lights in the Bookstore: "The yellow curls of the green lanterns are longer, and the flowers are fragrant at midnight."