Wushu 武术

“‘Wu’ 武” is translated as ‘martial’ in English, however in terms of etymology, this word has a slightly different meaning. In Chinese, “wu 武” is made up of two parts, the first meaning “stop”(zhi 止) and the second meaning “invaders lance” (je 戈). This implies that “wu’ 武,” is a defensive use of combat. The term “wushu 武術” meaning martial arts goes back only to the beginning of the 20th century. Prior to that it meant military affairs. The earliest term found in the Han History (206BC-23AD) was "bing jiqiao" 兵技巧，military fighting techniques. During the Song period (c960) the name changed to "wuyi" 武艺，literally "martial arts". In 1928 the name was changed to "guoshu" 国术 or "national arts" when the National Martial Arts Academy was established in Nanjing. The term reverted to "wushu" 武術 under the People's Republic of China during the early 1950s.
As forms have grown in complexity and quantity over the years, and many forms alone could be practiced for a lifetime, modern styles of Chinese martial arts have developed that concentrate solely on forms, and do not practice application at all. These styles are primarily aimed at exhibition and competition, and often include more acrobatic jumps and movements added for enhanced visual effect compared to the traditional styles. Those who generally prefer to practice traditional styles, focused less on exhibition, are often referred to as traditionalists. Some traditionalists consider the competition forms of today's Chinese martial arts as too commercialized and losing much of its original values.

"Martial Morality"   武德

Traditional Chinese schools of martial arts, such as the famed Shaolin monks, often dealt with the study of martial arts not just as a means of self-defense or mental training, but as a system of ethics. Wude (武 德) can be translated as "martial morality" and is constructed from the words "wu" (武), which means martial, and "de" (德), which means morality. Wude (武德) deals with two aspects; "morality of deed" and "morality of mind". Morality of deed concerns social relations; morality of mind is meant to cultivate the inner harmony between the emotional mind (Xin, 心) and the wisdom mind (Hui, 慧). The ultimate goal is reaching "no extremity" (Wuji, 無 極) (closely related to the Taoist concept of wu wei), where both wisdom and emotions are in harmony with each other.

Virtues:

Deed

Concept	Yale romanization	Traditional Character	Simplified Character	汉语拼音	Cantonese
Humility	Qian	謙	谦	qiān	him1
Sincerity	Cheng	誠	诚	chéng	sing4
Courtesy	Li	禮	礼	lǐ	lai5
Loyalty	Yi	義	义	yì	yi6
Trust	Xin	信		xìn	seun3

Mind

Concept	Yale romanization	Character	汉语拼音	Cantonese
Courage	Yong	勇	yǒng	yung5
Patience	Ren	忍	rěn	yan2
Endurance	Heng	恒	héng	hang4
Perseverance	Yi	毅	yì	ngai6
Will	Zhi	志	zhì	ji3

Source : Wikipedia