Reform Scene: the Beginning and End of Economic Reform in the Late Qing Dynasty

About This Novel

In 1862, the economic reforms of the late Qing Dynasty kicked off. In the process of the struggle for power between the ruling group and the Han armed groups, two major military projects, Mawei Shipyard and Jiangnan Manufacturing Administration, were launched. The operational efficiency of government-run state-owned enterprises was extremely low. During an anti-corruption campaign against state-owned enterprises that began in 1872, the door to reform was opened to private capital. Since then, 1872 has become a starting point for the reform from state-owned to private and partial to overall. It is also the starting point for the late Qing Dynasty to lay hidden dangers for itself. The powerful official faction headed by Yi , Zeng Guofan, Li Hongzhang, Zuo Zongtang, Yuan Shikai, and Zhang Zhidong became the protagonists of the reform, and the old and new businessmen headed by Tang Tingshu, Hu Xueyan, Sheng Xuanhuai, and Zheng Guanying became the vanguard of the reform. The battle between the imperial court and businessmen, and the years of confrontation between the state and the people, and the people and the state, eventually forced economic reform to force political reform. In a constitutional reform promoted by commercial forces, the late Qing Dynasty came to an end in 1911.

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