The Archive · 1921

Chinese Industrial Enterprises

Their Capitalization

A statement in the "Shunpao" with reference to new Chinese trade enterprises is circulated by the Bureau of Economic Information. It is to the following effect:

Recently the flour industry in China has developed very rapidly, so the amount of flour exported also has greatly imcreased, The total annual ox-port of flour in 1919 was more than two million piculs. During she past year there was an addition of 10 new flour mills with a total capital of $58,000,000. Besides these, there are eight new factories for matches, three for tobacco soda, Bat and a number for dyeing, wogving, camphor, tooth-powder™ cotton seed-oil, ice, etc. Their capital varies from $2,000. to $20,000. Following is a list of the newly established factories with their capital Factories Number Capital Flour 10 $5,800,000 Tobacco 3 5,210,000 Match 8 2,773,000 Wooden articles 2 2/000°000 ides 1 1,000,000 Paper articles 1 1,000,000 Others 28 3,936,000

Text read from the printed page and cleaned; old type leaves the occasional error.

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