本文对 1 870 - 1 91 1年中日两国早期现代化进程中资金来源、两国政府在资金和其它方面对近代企业的扶持资助措施 ,以及两国政府在建立早期资金市场等方面进行比较研究 ,论证一个观点 :即在中日早期现代化进程中中日两国政府扮演的不同角色、制定的不同政策和发挥的不同作用 ,是导致中日早期现代化结局不同的决定性因素 This article compares the sources of funds in the early modernization of China and Japan between 1870 and 1911, the funding support from the governments of the two countries in capital and other fields, and the establishment of early capital markets by the two governments , Argues for the view that the different roles played by the Chinese and Japanese governments in the early modernization of China and Japan and the different roles played by them are the decisive factors that lead to the different outcomes of the early modernization of China and Japan