Since the excavation of the Mawangdui Han tomb in 1972, there has been continuous research on the Huanglao school of thought as well as other schools of thought from the Qin and Han dynasties. Among students of the Wei-Jin period, some have claimed that the ideology of the Wangbi school was influenced by the Huanglao school. What exactly is the Huanglao school? What are the differences and similarities between the Huanglao school, the Laotze school, and the We-Jin Philosphy (Xuanxue, a mystical school characterized by metaphysical speculations)? Can it be concluded that the Wangbi school was invluenced by the Huanglao school because Wangbi based his political and social ideologies on I-Ching and Laotze? This article proposes some significant differences between Xuanxue and the Huanglao school in the areas of "good governance," "selfdiscipline," and the "principles of Tao." Comparisions are made between 崇本息末論and 道生法論, between 性其情論and 形神(養生)論, and between 本無論and道氣論Conclusions have been drawn from these comparisons. Through this study, the author hopes to clarify their differences and similarities, and to reassess the objective, line of reasoning and characteristics of Wangbi's Xuanxue, as well as where his particular school of thought stands in the history of Chinese philosophy.