It is a very important academic phenomenon in the 1980s that the value philosophy appeared in the acknowledged area of China. Around some basic theoretical issues, such as the value of the nature, value generation, creation and implementation issues, the absolute value and relative value, the multivariate value and one-dimensional value issues, value evaluation, value and culture, value and historical conception, the value of human, scholars have engaged in a fierce controversy, however, they haven"t reached an agreement yet. One of the important reasons of this situation is that we have not agreed on what is the real subject in the value philosophy.