In the peaceful development process of China,the management science of China needs to raise its level in order to move forward with the world.We must adapt to the globalization,but we also need to achieve the localization.Management theory does not distinguish between Chinese,American,European,and Japanese styles,and there is no difference between the essences of the management science; for example,strategy theory,production management and marketing methodology; of each nation.The globalization of the management science of China is to study,introduce,and develop the modern management science.Due to the cultural differences,the management philosophy of each country is very different.Localization of the management science of China is to inherit and develop the fine traditional Chinese management culture,and promote the practice of management science in China.Chinese management philosophy and modern management science are integrated in the successful management practice in China and forms a Chinese Management Model which supports China's sustained rapid economic growth.In practice,the Chinese Management Model is under continuous innovation and will also push the elevation of modern management science and Chinese management philosophy.