荣辱观 (榮辱觀) róng rǔ guān

róng rǔ guān phrase precepts regarding what is honorable and what is shameful
Domain: Modern Chinese 现代汉语
Notes: Abbreviation for 社会主义荣辱观/also known as the Eight Honors and Eight Shames 八荣八耻, PRC official moral principles promulgated from 2006 (CC-CEDICT '榮辱觀')