北洋政府时期中国工业发展的特征及市场因素

Characteristics and Market Factors of China's Industrial Development during the Reign of the Beiyang Government

1911~1927年中国工业有长足的发展,最为瞩目的是私营工业资本的崛起。商业资本大量转向工业,政府的干涉降低,形成了适宜私人资本发展的气候。其中,发展最快的是轻工业。外国在华资本中,英德因战争之困,投资较少,而日美投资则不断增长。这一时期中国工业的超常发展主要依赖于国内市场的开拓,而第一次世界大战的影响是有限的。

During 1911 and 1927,Chinese industry had made great progress and the most notable was the rise of private industrial capital.A large number of commercial capital transferred to the industry,the government intervention reduced,a climate suitable for the development of private capital had been formed.The fastest growth was in the section of light industry.Among the foreign capitals in China,Britain and Germany had less investment because of the War,while the Japan and U.S.investment was growing constantly.During this period,the extraordinary development of Chinese industry mainly depended on the expansion of domestic market,while the impact of the World War I is limited.