Abstract: At a time when the economics part of our ideology has been fully adapted to the demands of market economy but the ethicspart is lagging far behind the demands of the development of market economy, such practical activities as moral advocation and ethical education must cater to the practical demands of the social market economy, trying to cultivate a good public morality and sound professional ethics. Never theless, the construction of these elementary moral and ethical principles must be propped up and maintained by a strong faith,otherwise they will become formalistic and invalid.

Key words: morality, faith, socialist market economy