Lu Xun(魯迅)is the first author who writes the modern Chinese vernacular fictions and his fictions are highly concerned by the Chinese academic circle. To Compared with“Call to Arms” (吶喊) and “Wandering” (徬徨),\" New Compilation of Tales "(故事新編) received less attention relatively. However the author re-explore this book recently and find that its characteristics is similar with the writing of history of fable's which rose after 1980. After that, Li Yu(李渝), a famous modernist novelist, wrote " Sagacious Time "(賢明時代) which is an extremely high degree of aesthetics fiction and it also has similar writing strategies with New Compilation of Tales. Lu Xun and Li Yu are on behalf of Chinese and Taiwan two generation's intellectuals respectively. By exploring the authors background and texts, I find that they have various similar backgrounds, such as Anti-government, leftist, academism and so on. In the influence research field, Li Yu’s text has intertextuality with Lu Xun’s text. Notably, through imitation, addition and variation process, it is clear to find that they have conversely aesthetic targets, the pursuing of modernity and the returning of tradition between these two fictions.