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The Economic Revolution In Song Dynasty

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The Economic Revolution In Song Dynasty
The economic revolution in Song dynasty
HIST 358
Xue Zhang
260500645
March 7th 2016

Introduction
For the first impression of Song China, people always talked about civil bureaucrats, military weakness and remarkable cultural achievement like Song poems, calligraphy and painting. However, not so many people will notice the flourishing economy developed in Song Dynasty. During the Song dynasty, China was the richest country in the Far East and one of the richest in the world. According to Maddison’s estimation, the average GDP per capita in 1990 prices was $450 in 960 AD and $600 in 1300 AD, and both data was slightly higher than the Europe’s throughout the Song dynasty (site). Song dynasty experienced the economic revolution in
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Song dynasty‘s ceramic wares represented the aesthetic perfection in terms of sharp and glaze. Because of the popularity of porcelain, 5 court-patronized famous kilns were established in order to produce high-quality porcelain to the court and other wealthy families. The high-standard porcelain was also welcome by the rest of world which exported in a large amount for the first time in Song dynasty. The government treated the export of ceramic wares as an important source of revenue and highly supported it by establishing ports cities to facilitate commercial activities …show more content…
The advanced shipbuilding techniques were invented and applied in Song dynasty, namely paddle- wheel craft which was a kind of automotive vessels. This innovation was initially created in Tang dynasty, but Song Dynasty reformed the ships and made them larger and more effective for the warship purpose. For the sake of facilitating the trading activities, the Song court also established many ports. In general, the new water transportation, advanced ships, navigational skills, as well as the professional usage of compass allowed the goods like food, tea, porcelain, silks and Chinese commodities to be transported within the country or to other countries. The flourishing maritime trade brought merchants the great fortune and directly helped the great economic transformation in Song

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