It is of great importance to advance the management research in China with the restructuring of the academic discourse with Chinese context. To do so, one of the most challenging issues is to coordinate the national character and the universality. In the meanwhile, advancing or restructuring discourse of management knowledge is by no means of merely creating “fancy phrases”, we need to deeply understand the nature of management and the cultural difference, especially between the East and West, to derive fundamental building blocks for establishing a more inclusive knowledge system of management. It is necessary to put more efforts on the qualitative studies rooted in Chinese business practice, on the cultivation of scholarly critical thinking, and on the enhancement of liberal arts education to develop academic elites in management in China.