Neoliberalism advocates privatization, marketization, liberalization and global integration, caters to the value orientation of the western mainstream academic circles, meets the needs of the global expansion of monopoly capital, and is essentially a capitalist ideology dressed in economic theory. Neoliberalism in the practice of various countries, especially the new dilemma faced by the current new crown epidemic response, has shown that it is suffering from a serious crisis. China adheres to the road of socialism with Chinese characteristics and has achieved an all-round transcendence of Neoliberalism.