Abstract: Feng Qi's “wisdom theory” of “recognizing the world and recognizing oneself” lays a philosophical baisis for contemporary morality by bridging knowledge and wisdom and science and human life.with “free labor”as corner stone and with“free will”as basic character,the theory provides an all-round argumentation on the principles of a reasonable value system including moral values and gives a clear exposition on the ways of ideal personality cultivation.Hence,the theory may be regarded as a positive fruit in combining dialectical materialism with chinese philosophical thought and as an ethics which gives a creative response to the challenges of modern western philosophy.The “wisdom theory” is of important relevation to the development of our national ethics and to contemporary moral life.

Key words: freedom and goodness, converting knowledge into wisdom, free labor, free will