The Modernization Transformation of Financial Thought in the Late Qing Dynasty

After the Opium Wars,China introduced numerous foreign advanced ideas based on inherent demand for economic development,and realized modernization transformation of traditional financial thought through learning,selection and flexibility,which not only provided theory,talents and experiences for further development of later Chinese financial thought but also advanced the development of local new financial undertaking and institutional construction.This paper explores the aim,reasons,modes,process and characteristics of the transformation of financial thought in the late Qing dynasty from traditional to modern,and argues that the demand for economic development was inherent dynamicandkeyreasonforthetransformationoffinancialthoughtinthe late Qing dynasty,the spread of western financial thought provided incentives and reference from the external perspective,and open environment was prerequisite for this transformation,forming the mode of the transformation of financial thought in the late Qing dynasty.In the process of modern thought transformation,many experiences and lessons also have enlightenment even in contemporary China.