The Chinese economy has been the subject of substantial research
in recent years in the United States and abroad. Much has been made
of significant strides toward industrial development since the
Communist takeover. But it is impossible to understand what has
been achieved unless one measures these gains against economic
events in the pre-Communist period. This book offers a record of
China's industrialization, with its comprehensive statistical
analysis of the industrial growth of pre-Communist China.
"Industrial Development in Pre-Communist China" covers the
period from 1912 to 1949 and deals with all of China irrespective
of changes in political boundaries. For purposes of this study,
""industrial production"" includes mining, metallurgy,
manufacturing, and fuel and power; the construction industry is not
included. Chang finds that the average annual rate of growth of the
modern industrial sector during the pre-World War I period was
about 8 or 9 percent, including Manchuria. During the period from
1928 to 1936, under the Nanking Government, political unification
was achieved. Peace and order were maintained and the necessary
foundations for economic transformation in the post-World War II
period were established.
At the time of its original publication in 1969, Chang's work
represented an important first step toward a comprehensive,
quantitative study of the history of China's industrialization and
a benchmark against which the Communist achievement can be
measured, this work forces reconsideration of widely held views on
China's economic and industrial development. An important reference
for the study of Chinese history and economics, especially for the
Republican period, Chang's work is of continuing value to all
Sinologists and to specialists in economic development and economic
history.
General
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