The language of the translated English texts in The Chinese-English Library of Chinese Classics should at least have two historical functions: appropriate expression of the thoughts, emotions and customs, and so on of the traditional Chinese classics in The Library to promote the classics of traditional Chinese culture; and construction of the foundation of China English and its independent position in the world of Englishes. Configuration, construction and consolidation of this foundation entail more investigation and research to come, and furthermore, there is no doubt about its significance for Chinese international exchanges and global familiarization with Chinese culture. An observation and analysis of two cases in the current Chinese English and a reference of the generation and development of British English, American English, other Englishes and China English can prove the feasibility of constructing China English with The Chinese-English Library of Chinese Classics as the foundation, and the conduciveness for establishment of basic vocabulary and expressions, and demonstration of basic characteristics and imagery of traditional Chinese culture. Meanwhile, this study also provides a new approach for study of the development in theory and practice of Chinese-English translating.