Rishengchang

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Rishengchang, Historic draft bank in Pingyao, China.

Rishengchang was a money exchange bureau in Pingyao with multiple courtyards and rooms for different business functions. The building preserves the spatial arrangement and furnishings from its time as a financial institution.

Its founding in 1823 marked the start of a modern banking system in China that used written accounts instead of counting tablets. This fundamentally changed how financial transactions were conducted.

The rooms show how merchants from Shanxi province conducted business here and built their trading networks. The place reflects their importance in Chinese commercial history.

The site is easy to reach on foot and the rooms are connected by regular stairs and corridors. Allow time to explore the different areas to understand how operations worked.

A largely overlooked detail is the early warning system with a bell that could be triggered manually during threats. This safety feature was well ahead of its time and shows how financial institutions already considered dangers back then.

Location: Pingyao

GPS coordinates: 37.20444,112.17722

Latest update: December 9, 2025 18:45

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« Rishengchang - Historic draft bank in Pingyao, China » is provided by Around Us (aroundus.com). Images and texts are derived from Wikimedia project under a Creative Commons license. You are allowed to copy, distribute, and modify copies of this page, under the conditions set by the license, as long as this note is clearly visible.

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