In the context of the profound changes never seen in a century, China is in urgent need of the guidance of Marxism adapted to the Chinese context in order to modernize its governance capacity and develop a new form of human advancement. The research on value philosophy in China synchronizes with minds emancipation and reform and opening up. It fully demonstrates the value dimension of Marxist philosophy and has led to fruitful research results. How to turn these achievements from knowledge to wisdom and get them integrated into the transformation of people’s thoughts and the shaping of values is of great significance for adapting Marxism to the Chinese context. In the process of such transformation in thought, what really matters is the accurate understanding and proper use of the concept of value in order to clear up misunderstandings in theory, which we cannot ignore.