This study reviewed the idea of mercantilism and commercial war which developed around “newly rising class” like translators, diplomats and compradors of late Qing Dynasty, by which new recognition of social classes was demanded. In particular, this study newly identified the meaning of commercial war and new social order of last Qing dynasty, by attempting an analysis based on the context and aspect in the process of globalization of industrial capitalism conducted under the influence of the first industrial revolution from the U.K. Therefore, in the history of modern Chinese intelligence, the theory of mercantilism and commercial war can not be limited to the transitional thinking system of “Yang-Wu(洋務)” and “Bian-Fa(變法)”.