1872 65438+On February 23rd, Li Hongzhang called on China Merchants for Pilotage under the banner of "seeking wealth"!

In the early stage, with the slogan of "self-improvement", a number of military enterprises such as Anqing Inner Ordnance Institute, Jiangnan Manufacturing General Administration and Fuzhou Shipping Bureau were founded.

Later, with the slogan of "seeking wealth", a number of civilian industries were founded, such as China Shipping Merchants and Hanyang Iron Works.

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