As we all know, Li Hongzhang's name is indispensable in the history of China. On the positive side, Li Hongzhang strongly advocated learning from the West, formed a Westernization School with court officials such as Zeng Guofan, Zuo and Zhang Zhidong, shouted the slogans of "self-improvement" and "seeking wealth", and founded many modern enterprises, known as the Westernization Movement in history. So he improved the backward appearance of China to a certain extent, which can be said to be a great contribution.

In this Westernization Movement, Li Hongzhang concentrated on establishing a number of modern enterprises. Such as Cizhou Coal and Iron Mine in Hebei, Xingguo Coal Mine in Jiangxi, Guangji Coal Mine in Hubei, Kaiping Mining Bureau, Shanghai Woven Layout, Yixian Coal Mine in Shandong, Tianjin Telegraph Bureau, Tang Xu Railway, Shanghai Telegraph Bureau, Jingu Railway, Mohe Gold Mine, Rehe Sidaogou Copper Mine, Sanshan Lead-Silver Mine, Shanghai Huasheng Textile General Factory, etc., involving mining, railways, textiles, telecommunications and other industries. He played a series of important roles by virtue of his high position.

With the changes of history and society, many enterprises have disappeared and been eliminated, and only a few enterprises have survived to this day. One of them now owns subsidiaries of two Fortune 500 companies. That's Li Hongzhang's steamship investment promotion bureau, which was established in Shanghai on June 1873. This is the first civilian enterprise. Since its establishment, it has been continuously improved and made many groundbreaking things. ?

After the founding of New China, the scale of Shanghai Shipping Investment Promotion Bureau has been expanding. 1987 China merchants initiated the establishment of China merchants bank. Today, China Merchants Bank ranks among the Fortune 500, ranking 189 in 20 16. 1988 China merchants bank and China industrial and commercial bank jointly invested to establish ping an insurance, the first joint-stock insurance company in China. Today, Ping An Insurance also ranks in the Fortune Global 500 list, ranking 39th in 20 17.