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民国时期,西北回族商业的发展出现了回族军阀官僚阶层涉足商业活动,并以军政手段垄断商业贸易而形成回族官僚资本。西北回族官僚资本最大的特点就是从金融垄断到商业垄断。在经营手段上,军、政、商三位一体,在所有权上公私不分,以公的名义出现,最终化公为私。西北回族官僚资本少有买办性,有独立性和民族性。西北回族官僚资本有着二重性,一方面,通过壮大自己的经济势力来维护自己的专制和庞大军事力量;另一方面,发展商品生产,增加社会财富,满足社会需求。并且还积极有效组织抗日活动,抵制外国势力对甘宁青的经济侵略,推动甘宁青地区的近代化。
During the period of the Republic of China, the Hui nationality bureaucrats in the northwestern Hui nationality emerged in the commercial activities and monopolized commerce and trade to form the Hui bureaucratic capital. The most prominent feature of the Hui capital bureaucracy in the northwest is its monopoly from financial monopoly to commercial monopoly. In the means of operation, the military, political, business Trinidad and Tobago, both in public ownership and ownership, in the name of the public, the final public selfish. There are few bureaucrats in Northwest Hui capital, comprador sex, independence and nationality. On the one hand, the bureaucratic capital of the northwest Hui nationality maintains its autocracy and huge military power by strengthening its own economic forces; on the other hand, it develops commodity production, increases social wealth and meets social needs. He also actively and effectively organized the anti-Japanese activities, resisted the economic aggression by foreign forces against Gunning and promoted the modernization of the Gansu-Ningxia region.