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Quantitative Growth, Qualitatative Standstill.  

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QUANTITATIVE GROWTH, QUALITATATIVE STANDSTILL. China during the 400 or so years before the 1860's experienced changes that in many respects transformed the social landscape of the empire and the lives of its people.1 This transformation included the large scale economic change that took place from the late Ming to the 20th century.2 Ming and Qing China did not experience the same explosive economic growth as the late Tang and Song times. The late Tang and Song times, compared by some to the Renaissance in Europe,3 were periods of notable changes and improvement in the Chinese economy. Agriculture was an area that showed particularly remarkable development. The introduction of new farming methods, development of irrigation systems, new seeds, and further crop specialisation increased production and commercialisation of agriculture. Urbanisation was underway, providing much needed commercial centres for the expanding economy. Water transport had progressed, and monetisation, particularly the use of copper coins...

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