Article: This article is to analyze the central theory of Wang Bi’s Laozi Zhilüe. First, we would stick to the text of Laozi Zhilüe, elaborate and analyze its concepts of “things and creatures,” “tao,” “beginning,” “foundation and details,” and “origin” based on the literary context of Laozi Zhilüe to inquire its subtle and general meanings. Then we will argue for the central thoughts of Laozi Zhilüe in the following order: the “things and creatures” from Laozi Zhilüe is not a subject of objective metaphysics but rather one that’s manifested in the political field of the humanistic world, while “tao” is the “rightful” way of action from the perspective of the ruler (king) due to the planning of the humanistic world. This principle is founded on the metaphysical entity of the origin of “things and creatures,” while man has to maintain the “original” state of mind in order to grasp “tao,” which is the “foundation” of “sticking to the foundation while bearing in mind the details.” In general, Laozi Zhilüe is probably not about metaphysical issues as people think. Finally, though it’s is arguably arbitrary to attribute it to Wang Bi, Laozi Zhilüe is consistent in theory and supplementary in formula with Wang Bi’s annotations of Laozi. If not Wang Bi, the author of Laozi Zhilüe is at least a contemporary or later scholar who believes in him.