Along with the societal transformation in contemporary China, the views of value and philosophy are also experiencing a tremendous reformation. Chinese philosophy is undergoing a reorientation and a process of transformation. This means the occurrence of new types of philosophy. There will be significant changes in the following fields: the philosophical ideology, the format of research, the aspects of posing questions, the methodology of answering questions, the standard of assessing achievements and the usages of contextual and language techniques, the relative placements and relationships amongst various philosophical theories and viewpoints. Chinese philosophy is transferring from comparatively closed format to a more open format. The researchers are more receptive to the pluralities of theoretical resources, research modes and theoretical conclusions. Different schools and different theories are being formed to form a genuinely prosperous scenario.