Table 6
Zheng Guanying's Investment in Modern Enterprises
29
Item Amount (taels) Place Union Steamship Navigation Co. ? Shanghai China Merchants' Steam Navigation Co. 1,200 Shanghai Yuehan Railway Co. ? Canton Renhe Insurance Co.Shanghai Cotton Mill
A Paper Manufactory
A Glass Work
A Dairy Co. ?
?
50,000
?
? Shanghai
Shanghai
?
?
Shanghai A Silk Filature ? ? Tongwen Book Co. 14,000 Shanghai Ma'an shan Coal Mines ? ? Jinzhou Coal Mines 100,000 ? Jilin Gold Mines
Xuancheng Coal Mines
Shandong Mines
Pingchuan Gold Mines
Mianning Gold Mines
Jianping Gold Mines
Chefoo Coal Mines
Yongping Gold Mines ?
?
several thousand
36 shares + 4,320
20 shares + several thousand
?
several thousand
? Shanghai
?
?
?
?
?
Pingxiang Coal Mines
Hupei
Nantaiwu Shan Coal Mines
Fujian Chengping Silk several thousand ? Kaiping
Canton Land 5,000 Canton Tianjin Kutang Land Reclamation 3,000 Tianjin A Nacre Co. ? ? A Reclamation Project in Malaya ? Malaya Tianjin Peihailou ? Tianjin A Gambling Co. 5,000 ? Total 232,520+?
Sources: Wu Chang-chuan, Cheng Kuan-ying: A Case Study of Merchant Participation in the Self-strengthening Movement (1878-1884): Xia-Dongyuan, Zheng Guanying Zhuan.
early development of modern Chinese enterprises. As shown in the case of Xu, Tang and Zheng, they not only provided funds to modern