"New Water Margin" is a novel written by Lu Shi'e, a novelist in the late Qing Dynasty and the early Republic of China. As a sequel to Jin Shengtan's 70-chapter "Water Margin", this work has unique characteristics. The novel uses whimsical ideas and humorous language with a hint of science fiction to describe the novel stories of Liangshan heroes opening banks, railways, and newspapers in the context of modern China. These plots essentially reflect various phenomena in modern China at that time, and deeply explore the relationship between economy, technology and human nature. The whole book has ups and downs of plot and vivid characters. It is a very unique work in the sequel to "Water Margin" and worth reading.