Since China’s reform and opening up in 1978, the study of Chinese philosophy has proceeded together with the times, not only making tremendous academic progress, but also serving as an important part of research on Chinese culture that undertakes the rejuvenation of the Chinese nation and Chinese culture. This essay gives a brief review of the study of Chinese philosophy over the last forty years with particular attention to five aspects, namely the new horizons in the study of Chinese philosophy, the characteristics of Chinese philosophy, the comparison between Chinese and Western philosophy that also involves the “legitimacy” of the former, the relevance of Chinese philosophy for contemporary times, and the basic methodologies of Chinese philosophy.