The Japanese government had originally stipulated that "industry would be for Japan, agriculture for Taiwan" and wasn't encouraging the Taiwanese to develop industry.Taiwanese couldn't even get a permit to organize a company--let alone a bank loan to start one up.
本來日本政策是「工業日本、農業台灣」，不希望台灣發展工業。台灣人要組織公司也不被允許，要向銀行借錢來投資工商更不可能。