Based on the history and current situation of the study on Libai, this paper, from the cultural perspective, focused on the top urgency that need to be solved in the process of the study. Starting from the major problems in the study on Libai, the author has discussed the main contents -- material culture of Libai, spiritual culture of Libai, institutional culture of Libai and behavioral culture of Libai -which construct the theoretical system of Libai culture. The author also has predicted the tendency of the study on Libai. This paper would contribute to the further research on Libai, the construction of learning society, and the local economic development.