The Revolution of 1911 promoted the development of capitalism.
3. Driven by industrial groups
4. Protection of laws and regulations
Limit: 1. The development of national industry is mainly in light industry, and the foundation of heavy industry is relatively weak, and an independent and complete industrial system has not been formed; In addition, the regional distribution is unreasonable, focusing on the southeast coast and rarely in the northwest.
2. Compared with foreign capital, national capital is very weak. Under the control of imperialism, it is impossible for national industries to embark on the road of independent development.
3. Compared with the feudal economy, the feudal natural economy still occupies an absolute advantage, and the development of national capitalism is greatly restricted.
4. After World War I, imperialism made a comeback and China's national industry declined rapidly.