The research of the history of Chinese logic has been going on for about a century. The research suggests that the theory of names and argumentation in ancient China is quite different from Western logic theories. What is the nature of the theory? Is it logic theory? These questions need to be answered. Contemporary research of the history of Chinese logic exhibits an inclination of interpreting Chinese theories with Western theories. The inclination is somewhat necessary. But this does not mean that ancient Chinese theories should be dismembered arbitrarily by Western theories. The interpretation of the texts cannot be guaranteed objective, but is necessarily reasonable. We should interpret Pre-Qin works of names and argumentation reasonably according to the usages of ancient Chinese, etc. Contemporary academic development provides new dimensions and new tools for interpreting Pre-Qin theory of names and argumentation. With these new tools, we can quite probably discover a specific logic theory in ancient Chinese theory of names and argumentation.