Rishengchang
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The Rishengchang Piaohao (), was the first draft bank in China. It is located in Pingyao, Shanxi province, China. literally translates to 'Sunrise Prosperity', and means 'draft banks', the predecessors of modern banks in China. It was estimated to be founded during the Qing Dynasty in 1823. In the nineteenth century, at its peak, it controlled almost half of the Chinese economy and its branches were widespread throughout major cities in China, and also in some foreign countries, including Russia, Mongolia, and Japan.
Wikidata facts
- Country
- China
- Located in
- Pingyao County
- Image
- Pingyao Rishengchang Jiuzhi 2013.08.25 19-13-15.jpg
Show 2 more facts
- Commons category
- Rishengchang
- heritage designation
- Major Historical and Cultural Site Protected at the National Level
Sources (2)
via Wikidata · CC0
~9 min read
Encyclopedic overview
8 sectionsContents
- History
- Rishengchang Code Rule
- Management
- Management structure
- Chief managers
- See also
- References
- External links
The Rishengchang Piaohao (), was the first draft bank in China. It is located in Pingyao, Shanxi province, China. literally translates to 'Sunrise Prosperity', and means 'draft banks', the predecessors of modern banks in China. It was estimated to be founded during the Qing Dynasty in 1823. In the nineteenth century, at its peak, it controlled almost half of the Chinese economy and its branches were widespread throughout major cities in China, and also in some foreign countries, including Russia, Mongolia, and Japan.
The draft bank is now a museum and in 2006 was included on the List of Major National Historical and Cultural Sites (6-484).
Excerpted from Wikipedia’s “Rishengchang” article, available under the CC BY-SA 4.0 licence.