Japanese War And The Northwest Development Financial Research

During the Anti-Japanese War, the Kaomingtang government took a series measures in opening the financial business in the Northwest, which greatly improved the business and the setting of the financial system. The measures played very active roles in developing the agriculture, industry, business and trade in the area and did good to the society and economy. Meanwhile, the efforts not only aided the long-lasting war, but changed the unbalance in economy between the East and the west to some degree.While, the development of the financial business in the Northwest was resulted from the unusual economy in the war, and was controlled by the special situation policy of inflation added to the flourish of ill-done business and highly-interested loan. This disturbed the financial market in this area and caused very serious crisis to the people's life, and effect to the economy as well.With the triumph of the Anti-Japanese War, some financial and business agencies which retreated to the Northwest moved back to coastal provinces. Thus, the finance in the Northwest began to decline.