Abstract: The disintegration of Soviet Union is the greatest event in the end of 20 th century on the international political arena, which resulted from the degeneration of the ruling group of Soviet Communist Party represented by Mikhail Gorbachev. With the restoration of capitalism, in-the process of advancing private ownership, Russia presented serious polarization and satill wandered in dilemma. The hope of newly rising is uncertain. Taking warning from history, socialist China overcameall kinds of obstruction of the thought of private ownership, adhered to the socialist direction of reform and construction, advanced in the way chosen by herself.