Firstly, this essay re-investigates the concepts of Dao, Ying and Yang, Principle and Material force (Qi) in Cheng Yi's Philosophy with a perspective of organic naturalism, which is taken by Joseph Needham as the cosmology of ancient China. Meanwhile, it describes Cheng's thought of the birth of the created. In this part, it points out that Dao or Principle should be grasped as ”vein” or ”cosmos”. Secondly, with the concepts discussed above, especially Principle and Material force, it inquiries into Mind, Nature, Feeling of Cheng's philosophy and indicates that they should have the same meaning. The concepts of good and evil, the sage and the virtuous in Cheng's viewpoint are also expounded. Thirdly, it treats moral practice of Cheng from the dimensions of ”What Is” and ”What Ought” of Mind, Nature and Feeling. Finally, it tries to give a summary of what are discussed above.