Since 2020, COVID‐19 has rapidly spread worldwide. The epidemic has had a profound impact on our daily lives and relationships between countries in the past few years. The article takes the connotation of socialist core values and the characteristics of the times as the starting point, and discusses the international and domestic situations we face in the global systemic crisis, as well as the impact of the crisis situation on our values. On this basis, exploring the important role of socialist core values in the fight against the epidemic has important theoretical value and far‐reaching practical impact on better playing the leading role of socialist core values in the new journey of socialist modernization construction.