This essay discusses the metaphysical thinking in Wang Pi’s 王弼(226-249) interpretation of the Book of Changes . The author of this article sums up four basic concepts as shown in Wang’s Chou-i lueh-li 周易略例 and Chou-i chu 周易註 : to conceive time by means of kua 卦 , to demonstrate changes by means of yao 爻 , to understand the substance of things by means of t’uan 彖 , and to grasp their import by means of hsiang 象 . The first two concepts are developed from his understanding of the I chuan 易傳 , while the latter two are conceived from a borrowing of the ideas in the Lao-tzu 老子 . The author then draws out from Wang Pi’s Chou-i chu four significant arguments : non-yang 無陽 through which yang is achieved , non-yin 無陰 through which yin is born , non-response 無應 through which response is growing , and non-knowledge 無知 through which knowledge is illustrated . This is the unique way Wang unfolds the metaphysical truth in the I Ching . From here we can see the guiding principles in Wang’s reading of the I Ching , which are that the illumination of the non-being 無 is based on the being 有 , and that the preservation of the being must return to non-being . The author believes that underlying Wang’s metaphysics is a Taoist type of theory of practice and ontology . We may then evaluate Wang’s metaphysis from two angles : his combining Confucianism with Taoism , and his attempt to open up new perspectives in the study of the I Ching .