USA/CA:

800-520-4671

All: 86-755-8213-9516

All: 86-755-2502-9115

Rishengchang Bank

 Pingyao Attractions

Shanhaiguan Great Wall

Introduction to Rishengchang Bank (日升昌票号)

Rishengchang was established in the early Qing Dynasty. It was forerunner for organizing Chinese early finance system, handling remittance, money exchange, deposit, loan and other financial business in ancient time of China. There were 35 branches in the big and medium-sized cities of China. Its business covered Europe, America and Southeast Asia during that time.

Rishengchang Draft Bank, China’s first bank-like organization, is located on the prosperous West Street in Pingyao ancient city, known as the top commercial street in the Qing Dynasty (1644-1911).

The bank was founded during the reign of the Daoguang Emperor in the Qing Dynasty (1821-1850). It was the first and largest draft bank operating remittance business in China.

The shop kept running for over 100 years, and its branches had spread across 35 cities in China. The business had been expanded to Europe, the United States, and many Southeast Asian countries. The shop is a pioneer of China’s banking history, and it almost controlled China’s entire economy in the 1900s.

Now the bank has been renovated into a museum with more than 20 exhibition halls, divided into two parts to display historical materials and its original appearance. People can learn about China’s banking history here in the museum.

As an outstanding representative of Shanxi merchant culture, its construction style is very classical. A three-courtyard compound, it combines the traditional features of local residential buildings and stores. The shop covers an area of about 1,386 square meters, with 1,200 square meters devoted to 21 different houses.

   
Shanhaiguan Great Wall

Location

No.38, West street, Jinzhong City, Shanxi Province

   
Shanhaiguan Great Wall

Travel Information

Admission Fee: included in the Pingyao Ancient Town pass, at RMB 130
Opening Hours:Apr-Oct: 8:00-18:30; Nov-Mar in next year: 8:30-18:00
Best Time to Visit: Autumn

   
Shanhaiguan Great Wall

Transportation 

It’s inside the Pingyao Ancient Town.

   
Shanhaiguan Great Wall

Travel Tips 

  • Better not visiting during Chinese holidays, for it will be extremly crowded then.
  • Ticket for the whole ancient town pass is effective for 3 days, and every scenic spots can only be visited once.
  • Without entrance ticket, there are still some scenic spots for free, like Erlang Temple, Wu Temple, Jixiang Temple.
   

Recommend China Tours