As the core content of the view of the times, the nature of the times is determined by the dominant mode of production, the social relation, communication relation, and forces or factors in the times. How to understand the nature of the times in contemporary China? It is the important ideological premise that we grasp the ″two overall situations″ accurately, and highlight China’s positive role in promoting global change, and sum up the laws of historical development, as well as promote Socialism with Chinese Characteristics for a New Era . However, there are few specialized researches on this topic at present. Some scholars believe that we are now still in the ″age of capitalist society″ as is called by Marx, or Lenin’s ″era of imperialism and proletarian revolution″ and ″era of financial imperialism″. Although there is theoretical basis for this view , it does not fully reveal and reflect the changes of the times. For such a view can not explain the ″profound changes unseen in century″ or how socialism with Chinese characteristics has entered a ″new era ″. Since the second half of the 20th century, the development of science and technology in the world has shown the tendency of ″changing with each passing day″ and ″A thousand miles a day″. The transformation of human production mode, communication mode and social relations is even more earth-shaking. Especially with the entrance of the 21st century, a new round of technological revolution marked by big data, cloud computing, Internet of things, 3D printing and so on has changed the condition of human production and life at an unprecedented speed. We are in a fundamentally different situation from Marx and Lenin’s. We should take the theory of classical writers as the method and basis for further research but not imitate or copy their conclusions. To grasp the nature of contemporary China, we must take the Marxist view of the times as the coordinate axis and take the combination of historical logic and realistic logic as the basic method, and make a concrete analysis of the mode of production, along with the mode of communication and the social relations around the world, from which we draw a persuasive conclusion. First of all, from the perspective of the world pattern, this is the era of Western hegemony recession and the peaceful rice of China. Secondly, from the development model view, this is the era when the western model dominates the world will come to an end while the China model becomes mature. Thirdly, in regard of development motive force, this is an era when China and the West compete for the leading power of the new industrial revolution, and it is possible that China pilots in the fourth industrial revolution. Finally, from the perspective of global problems, This is an era in which Western governance weakens while China takes initiative in participation in global governance.