The Birthplace of Modern Banking

Feb 15 , 2023 | Culture

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The ancient city of Pingyao in the central part of China’s Shanxi Province has a history that dates back more than 2,700 years and is one of the two ancient cities in China listed as a World Cultural Heritage Site. And this small town was the birthplace of China's banking industry, and served as the financial center of the country in the late 19th and early 20th centuries.


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