Abstract: Between 1895 and 1900 the development of national industry in Zhejiang province reached its first high tide.During this short period of five years,22 new factories and mines with capital of 3,953,000 yuan were established.a,number unprecedented in the history of Chinese national industry .Between 1901 and 1913 the development of Zhejiang national industry reached its second high tide.Some historians have argued that 1909-1910 was a period of depression and decline for this industry.But this author presents a different view,using the example of Zhejiang to portray a general situation of gradual recovery and development.From the end of the Sin0-Japanese War in 1895 until 1913 the path of development of Zhejiang’s national industry was tortuous、nous.It is important to note the remarkable difference between the development of this industry in the 1895---1900 phase and in the1901---1910 phase.The former period was marked by a focus on big factories and mines.while in the second small and medium --sized factories and mines were more important.This shift in development patterns demonstrates the differing economy basis of the movements for reform and revolution and the different stages of the development of the bourgeoisie.