What happened to the structure of the traditional Chinese economy

Before the Opium War, China's traditional economy was composed of agriculture, handicrafts and commerce. Of these, agriculture was the mainstay, a subsistence smallholder economic model.

After the Opium War, China was drawn into the capitalist world market, and the influx of cheap foreign industrial goods put the traditional handicraft industry out of business, and the natural economy began to gradually disintegrate. In turn, modern enterprises emerged, capitalism arose, and the economic structure changed.