Abstract: To probe into the relationship between  ruling the country by law and ruling the country by virtue from the perspective of business ethics is of much help to our unders tanding the meanings of  virtue ruling  and the related issues.This paper explores the signi ficance of combining law ruling with virtue ruling, analyses the reasonhy business ethics emerged, and argues that business ethics and virtue ruling can probote each other.

Key words: rule a country by law, rule a country of viture, business ethics