Abstract: Under socialist market economic conditions,the ethical significance of mutual benefit is becoming more and more prominent.This article reveals the meaning of mutual benefit as a mecessary economic condition of both self-benefit and benefiting others and a moral standard of benefiting and serving each other,reveals its prergquisite as a collectist spitit which both removes benefiting oneself at the expense of others and favours the ideal of helping and benefiting others,and reveals its destination as “everyone for me and I for everyone”.

Key words: mutual benefit, collectivism, serve the people