With regard to the parties and governments, traditional Chinese conciliation system has economic efficiency, saves the economic cost and interpersonal cost of the parties, fits for the scale of traditional governments and satisfies the value pursuit of “no lawsuit” of ancient officials, meanwhile, traditional Chinese conciliation system demonstrates its unique validity, comparing with other methods to settle disputes, due to its compromising settlement of conciliation method and its socialization of conciliation basis. This kind of economic efficiency and validity to settle disputes, as the proper basis of traditional Chinese conciliation system, makes the conciliation system become the rational choice for disputes settlement mode of Chinese traditional society, as a result, contemporary conciliation system can be perfected by the systematic advantages such as limited conciliation application scope, the combination of validity and rationality of conciliation basis and so on and on the basis of China’s reality via these advantages.