Chinese classical myth of “Yi” has accumulated in the long history as a huge and complex cultural imagery system with three levels. The first is the narrative level of mythological text and image; the second is the interpretation level of multi-leveled meaning through interpretation of Yi’s myth; the third is the application level of transferring and selecting specific meaning or employing/imitating certain narrative elements in different fields to achieve certain purposes. Around the three levels, this paper attempts to explore the psychological significance of superficial signing and underlying symbolism of Yi’s myth with Cultural Representation Theory and C. G. Jung’s Symbolism Theory.