Modernization is an important stage in the process of human civilization. It is believed that Industrial Revolution of 18th century occurred in UK represents the starting point of modernization. This process occurs not only in the social changes of developed countries but also in the process taken by developing countries to catch up with the advanced countries after the Second World War. Developing China's modern industrial system typified by “Made in China 2025” is in line with world’s common practice and Chinese government’s aspiration of enhancing well-beings of its people.
The study of modernization goes through a theoretical development process from classical modernization to the second modernization. China's modern industrial system policy making complements and improves the classical modernization process. It is also a strategy aimed at keeping up with and leading the second modernization process. From the perspective of theoretical application, China's modern industrial system is a compound mode of industrial modernization.
Based on the review of modernization theory, this paper studies the policy evolution of China's modern industrial system and comprehensively evaluates its policies. In the policy evolution part, China’s different industrial policies in the stages of planned economy and market economy are distinguished, based on an explanation to the concept description of China's "modern industrial system" proposed by the 19th National Congress of the Central Committee of the Communist Party of China and the meaning of various policy elements. The comprehensive evaluation of China's modern industrial system includes characteristic evaluation, effect evaluation and spillover evaluation. This research aims at helping other countries to gain a better understanding of China's modern industrial system.

Ⅰ. Introduction
 Ⅱ. Literature Review of Modernization
 Ⅲ. Policy Evolution of China's Modern Industrial System
 Ⅳ. Comprehensive Evaluation of China's Modern Industrial System
 VI. Conclusion
 REFERENCES
 ABSTRACT

• Chen Yongguo(Hebei University of Economics and Business)
• Yin Xianghui(Hebei University of Economics and Business) Corresponding Author