Abstract:The financial situation in China before Westernization Movement and the financial situation in Japan before Meiji Reform were similar and confronted financial crisis. Because of political and economic difference before the reform of the two countries, and because of the difference in reform guiding ideas and leading capacity of the two countries, Westernization Movement of the Qing Dynasty did not conduct political system reform, its financial system was still the management style under feudal system, the Qing Dynasty only decentralized its financial right, which finally did not bring about financial situation change but intensified financial crisis, however, Meiji Reform of Japanese Government is overall, conducted relatively thorough political system reform, reformed salary system to reduce financial expenditure, reformed land tax to increase financial revenue, supported civil capital to exploit new tax sources and finally solved financial crisis to have set up new financial system conducive to capitalist production mode development.