Capitalism sprouted in the late Ming Dynasty and disappeared in the Opium War.

The emergence of national capitalism, from the end of 19 to the beginning of the 20th century.

(After the Sino-Japanese War-before the founding of the Republic of China)

Time for further development: The World War I period (or1912-19 or so) was a short spring.

On the eve of the Anti-Japanese War, it developed briefly and faced atrophy 1937- 1945.

New spring 1949- 1956,

1956 Three major transformations were completed, capitalism ended, and the socialist system was basically established in China.

Specific introduction:

The germination of capitalism is a new phenomenon in the ancient economic history of China. If we put it in the background of world history, we will have a deeper understanding of this problem.

Judging from the time of its appearance, Europe was in the14th and15th centuries, China was in the late Ming Dynasty, and Europe was earlier, but this was generally the case. Judging from the area where it was produced; Europe is on the Mediterranean coast, and China is in Suzhou and other places in the south of the Yangtze River, which are all areas with relatively developed economy and prosperous commodity economy. From the development level of productive forces, they are all in the stage of simple cooperation and workshop handicraft before the emergence of machinery industry. It can be seen that the germination of capitalism is the result of the development of productive forces, the expression of social progress and a world phenomenon.

However, the germination of Chinese capitalism developed slowly, and the development process was interrupted after the Opium War.

China's national capitalist economy has gone through a difficult and tortuous development path: it came into being in the 1960s and 1970s after the two Opium Wars; Initially developed after the Sino-Japanese War of 1894-1895; Further development in the early 20th century; It flourished briefly during World War I, when the great powers had no time to look east. Shrinking during the rule of the National Government; After the founding of New China, it embarked on the socialist road. In the diversified economic structure of modern China, the national capitalist economy represented the direction of China's economic modernization. However, due to the oppression and exclusion of feudal natural economy, foreign capitalist economy and bureaucratic capitalist economy, it never became the dominant form of social economy in modern China.

Rise and fall background

Before the Opium War, capitalism had sprouted in China. After the war, it was stimulated by foreign capitalism and westernization movement. 19 in the sixties and seventies, national capitalist industries began to appear. During the First World War, the western powers relaxed their economic aggression against China, and the national capitalist industry once developed rapidly. In 1930s and 1940s, the national capitalist industry was in trouble. After the founding of New China, the national capitalist economy has undergone three major transformations and become a part of the socialist public ownership economy.