Abstract: During the period of New-democracy Revolution, Mao Zedong's outlook on China's capitalist class went through different stages of the National Revolution, the Agrarian Revolutionary, the War of Resistance Against Japanese Aggression, and the War of Liberation, developed and improved with each passing stages. In this paper, the author analyses and induces the main viewpoints of Mao's outlook of China's capitalist class according to Selected Works of Mao Zedong(1~4) and Literary Selection of Mao Zedong(1~8), gives access to understanding Mao's thoughts more comprehensive and deeply.