The purpose of this study was to investigate the subculture of Chinese University students. Six scales were used. The subjects of this study were 3220 students from 25 colleges and universities. The data were submitted to univariate and multivariate statistical analysis. The findings were as follows: 1. The students place a greater emphasis on social and spiritual values than on individual and material values; on family life and social welfare than on social status and material life. As for their attitude toward achievement, they place a greater emphasis on effort and ability than on luck, family background and human relations. 2. Compared with students of 20 years ago, Contemporary students place a greater emphasis on economic and political values than on social and religious values. 3. Contemporary students tend to be more politically involved. They like to read political publications; they identify their country; they trust their government, and have confidence in the future. Their attitude toward sex and toward fashions tend to be liberal. New leisure activities, such as watching video-tapes and playing computer games are quite common. 4. Some negative characteristics of the Chinese student subculture are a matter of concern. They place a greater emphasis on competence than on moral values. They also tend to be too opportunistic, self-centered, with little academic motivation; and they are pleasure-oriented. A minority of students even have the habit of smoking, drinking and playing majong. 5. According to the differences in values, social attitudes and life styles the student subculture can be categorized as male-female, science-humanities, self orientation-social orientation, and opportunistism-idealism. Some recommendations based on the preceding din s are offer universities and the educational authorites.