This paper mainly discusses the thoughts and its advocates related to economic nationalism during years of 1860-1912 inthe late Qing Dynasty, specific using the ideological history data as the core empirical study, tries to form a complete theoretical color concept related to nationalism in late Qing Dynasty. This paper thinks, with the economic rights as the main objective, the economic nationalism that emphasizing the national economic rights and interests is main form of nationalism. The serious social and economic crisis caused the economic nationalism, recognizing industry and business as the foundation of western countries became the ideological foundation of economic nationalism in late Qing Dynasty, and after the Sino-Japanese War of 1894, Qing government issued the policy of industry and commerce, Created favorable environment of economic nationalism. These can be regarded as the primary content of nationalism in the late Qing Dynasty, such as “To recover the rights”, launch “Commercial war” against the western economic aggression, advocate the “Commercial state”, “save the nation by engaging in industry”. The economic nationalism in the late Qing Dynasty has the obvious characteristics against western military and economic invasion, has the distinct characteristics of the temporal spirit and progress. This thought has greatly enriched the treasure house of the modern history of thought, and is of great significance to inspire people’s modern consciousness.