In essence, economic morality is not only some kind of moral standards and nature, but also a dialectical movement of economic pattern value.

Reviewing the track record of the economic reform over the past twenty years in China, this article maintains that one of the causes for the slow reform is the ambiguity of humanity and economic morality in knowledge and behavior.

Buoye studied the disputes over property rights during the social changes of China to expose the relationship between morals and law from moral economy and cultural ideology.

Development of moral economy through constantly raising people s moral consciousness of striving for rapid progress aims at resulting in legal, vigorous and efficient production, exchange, distribution and consumption, so as to boost the sound development of the social, collective and individual economy and promote the prosperity of the social economy.

Socialist market economy is both legal economy and moral economy.

In this paper an analytic method of modern economics is used to formulate mainly the nature of economical morals and the fundamentals of legal system on which they stand.

The article discusses the influ-ence of the forming sequence of morals and moral levels on the moral cultivation of university students and analyses the reasons why the moral cognition of university students cannot be transformed into moral behavior,which will be beneficial to the improvement of our work in.