This paper mainly describes two points on Laozi``s text: one isdistinguished achievement of his denial(否定) and in-existing(內外立存)transcendence(超越) writing style, the other is Laozi``s peculiarperspective of ambivalence to the truth of the universe. I think Laoziand Zhuangzi may presuppose that there are mutual interactionsbetween essential world and the phenomenal world. In Zhuangzi’s aspect,Inshi(因是) could be transferred into material incarnation(物化) based onthe fable of butterfly``s dream(蝴蝶夢). Laozi also considers that‘arising-together’(立作) and ‘embracing to oneness’(抱一) are based on theaspects of ambivalent perspective of the world. As a result, Laoziemphasizes that intertextuality between binary oppositions, same asbeing and nothing, good and evil, haps and mishaps and so on. We cansay that Laozi maintained distinctive perspective of ambivalence to allover the things in the world. We could say his thoughts still has ameaningful influence to the Eastern and Western culture, philosophy,ethics, politics, and aesthetics.