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China is known for its diverse philosophical heritage. 2500 years ago in China at the end of the period of "one hundred schools" morethan 10 philosophical doctrines were formed and Confucianism became the most prominent and widespread philosophical teaching. Inthis article core Confucius principles and their importance in modern Chinese management culture are discussed. Confucius philosophyis distinguished by its vitality – it survived throughout the 2500 years of history and was given a status of national ideology in variousAsian societies. Moreover, the Confucian system of values is recognized as the main cultural component of the rapid economic progressof China and other Asian countries. Confucianism is a system of ethical and social behavioral norms and advocates the principles ofharmony, benevolence, and hierarchy. In modern China, Western management principles are gradually being introduced, newideological attitudes are emerging, and a new Chinese-Western management style is being formed. However, many elements of theConfucian value system will be popular regardless of anything: Confucian principles serve as ethical guidance for Chinese businesssociety and are key in building successful cooperation with members of Chinese culture.