Nanxun Merchants and Hangzhou's Early Modernization
Nanxun merchants extensively participated in Hangzhou's early modernization efforts,achieving great achievements.They established modern industrial enterprises,facilitating the accumulation of industrial capital in Hangzhou.They reformed traditional agriculture,improving agricultural production efficiency.They invested in the modern banking sector and participated in the operation and management of commercial banks.They established modern educational institutions,fostering skilled professionals for the industrial and commercial sectors.They planned and invested in infrastructure,enhancing Hangzhou's urban modernization.
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