Recently, in order to prove that there were domestic iron nails in China 49 years ago, some netizens actually took out the Tianjin Iron Wire and Iron Nail Factory established in 1908 to talk about things.
This is really laughable, and you don't need to put the ready-made "slap in the face" case in 1948, you have to pull the old gadgets from 40 years ago.
Today, let's take a good look at this history of "slapping in the face".
The glory and predicament of Guangzhou's nail industry
In April 1948, the Guangzhou Nail-making Association was established, with a total of 25 members and nearly 800 workers.
It is fully equipped, with 60 motorized nail making machines alone, and the monthly production capacity of round nails is as high as 1,610 tons.
Don't you look good? Don't worry, keep reading.
Due to the flooding of the market with imported round nails at that time, these nail factories were often under-employed.
For example, the Zhongyuan nail factory has a monthly production capacity of 2,000 barrels, but in fact it can only produce 60 barrels, accounting for only 3% of the production capacity.
The situation is even worse at other plants.
As a result, these manufacturers called on the government to increase the import quota of raw materials for nail making, restrict the import of foreign nails, and protect the national industry.
The Truth of the Republic of China Industry: The Pain of the System
When it comes to the industry of the Republic of China, many people may think of words such as "powerful" and "self-sufficient".
But in reality?
The development of the industry of the Republic of China is faced with many problems, the biggest of which is the institutional problem.
For example, the Hanyang Iron Works, once the largest steel plant in the Far East, has been losing money year after year because it has no suitable fuel.
Why? Because the factory was not well planned when it was built, the outdated and degenerate government-run industry can be seen.
Later, although it was managed by Sheng Xuanhuai, and developed the Pingxiang Coal Mine in Jiangxi Province and built the Hanyeping Coal and Steel Complex, it still faced many difficulties.
Borrowing and Dependence: The Sorrow of the Republic of China's Industry
In order to develop industry, Sheng Xuanhuai did not hesitate to embezzle road funds and borrow money from foreign countries.
However, these loans did not make the industry of the Republic of China really strong, but allowed foreign capital to penetrate more deeply into China's industrial sector.
Japan, for example, took control of the production and sales of the Hanyang Iron Works through borrowing, making China's largest steel mill their puppet.
At the same time, the turbulent political situation also made the development of the Republic of China's industry worse.
The government's credit is bankrupt, policies are changing overnight, and wars are frequent...... These factors have put the industry of the Republic of China in a deep predicament.
Looking back on that period of history, it is not difficult for us to find that the development of the industry of the Republic of China was not all smooth sailing.
Although there are some bright spots like the Guangzhou nail industry, it still faces huge challenges and dilemmas overall.
There are many reasons for this, but the most fundamental is the system.
Only by establishing a stable, fair and transparent institutional environment can China's industry become truly strong.