Abstract: Given that Chinese literary theory emphasizes " the meaning of the text is dominating” and " the purpose of the text is communication”, so the traditional theory of literary interpretation has high value and guiding significance for the study of contemporary literature researches. The ancient litterateur emphasized that the interpretation of the meaning of the text must be based on the " root” and pay attention to the ontological exploration of literature. The main idea of the article can be summed up by the so-called " repeat the text, deep understanding” in the Song Dynasty, proposed by Wang Zhi in Collection of Poems. The two sentences are also derived from the concept of " the essence and charm of literature, need repeat and appreciation” in the Wen Xin Diao Long of Liu Xie. From the current point of view, this so-called " text” refers not only to the existence of literary ontology in a broad sense, but also to the basic concept of art and aesthetics in the narrow sense, has some distinctions with the Western formalism and structuralism, which only reference to narrate, language, rhetoric, structure, etc. belonging the purely " text” concept of factors. According to the viewpoints of Liu Xie, Ouyang Xiu and other literary theorists, the literary interpretations must first be " appreciated in the text” and " according to the text”, emphasizing the need to apply the " repeat and appreciate the text” and explore the " character " narrative” " lyric” " theory” and other " text” issues. Secondly, the interpretation of the text not only focuses on crossing the " text”, but also grasps the diachronic and synchronic " transformation” between each other, and strives to carry out mutual evidence of " text” from the perspectives of literature and culture, with " reading more” to achieve the purpose of " deep intent”. Finally, the essence of the meaning of the ontology is that " the text is people-oriented”, that is, " the text from people”, " the text is similar with people”, " the text describe people”, " the text is for people” and other " humanistic” concepts and literary traits, it also opening up the idea of " repeat and appreciate the text, deep intent”. In short, we can refer to the so-called " text intensive reading”, " inside and outside the text” and " text meaning” in Western literary theories in recent years, based on the traditional Chinese so-called " repeat and appreciate”, " transformation”, " reading more” concepts and the " literal people-oriented” ontological consciousness, do some modern interpretation and reconstruction of the literary interpretation theory with the essence of " deep understanding of the original intention repeated and aesthetically”, will serve the current literary research more effectively.