Rishengchang Former Bank
|Rishengchang Former Bank|
During the Qing Dynasty China's currency was silver coin and there were obvious problems relating to security and convenience if traders had to carry large sums of money in coin form. The exchange shops offered a convenient alternative and thus bills of exchange came into use and an early form of banking created. Cash deposited at one branch could become payable by means of a bill at another as a secure method of transferring funds from one businessman to another regardless of time and distance. The Rishengchang Former Bank acquired the reputation of Huitong Tianxia, which means the silver coin and the bills of the exchange could reach every part of the country. Before the establishment of the modern banking system the Rishengchang Former Bank had a great influence on the Chinese economy during the 108 years between its opening and ultimate demise in bankruptcy. Due to its enormous influence upon the development of banking in China, the Rishengchang now has become a place of considerable interest to visitors in recent years.
1. Take a tourist bus to Pingyao Ancient City from Taiyuan Railway Station at 6:30am.
How to get to Rishengchang Former Bank
2. Take a bus from Taiyuan Jiannan Bus Station to Pingyao at 8:00, 8:10, 9:00 or 10:00 in the morning.
3. Take bullet train at Taiyuan South Railway Station to Pingyao Ancient City Railway Station. Upon arrival, you can take a taxi to the shop directly.
|Admission Fee||Visitors can buy a combo ticket at the cost of CNY 125, covering the admission fee for 22 small attractions including Rishengchang Former Bank. |
Free for children under 1.2m (3.9 feet).
See attractions covered by the combo ticket.
- Last modified on Oct. 09, 2018 -
Questions & Answers on Rishengchang Former Bank
Asked by cristina from SPAIN | May. 12, 2016 06:30Reply
Where can I buy the joint tickets of CNY 150 per person in Rishengchang Exchange Shop?
I am going to pingyao tomorrow and i want to know where by those tickets because it sound interesting. Thank you
Answered by Lee from GERMANY | May. 13, 2016 02:10
You can easily buy the ticket at several places, including the North Gate, South Gate, West Gate, Confucious Temple, City God Temple, Qingxu Taoist Temple, and the Small Crossroad of the town. May you have a nice trip! :)