Step into the cobblestone streets of Pingyao, Shanxi Province, and you’ll find the birthplace of modern Chinese finance: Rishengchang Draft Bank. Established in the 19th century, this pioneering institution wasn’t just a bank—it was a 🚀 revolution in money management!
Before smartphones or blockchain, Rishengchang transformed China’s economy by standardizing currency exchange and enabling long-distance transactions. Imagine sending cash across provinces without digital apps—this bank made it possible! 🏮💰
Pingyao blossomed into a financial hub, with Rishengchang fueling trade, startups (yes, pre-internet era startups!), and even early global business connections. Its legacy? A blueprint for today’s banking giants. 🤝🌏
For history buffs and finance nerds alike, this UNESCO-listed site is a must-visit—proving innovation isn’t just about tech, but vision. Who knew 200-year-old receipts could be so cool? 📜✨
Reference(s):
cgtn.com