Pingyao‘s Most Popular Neighborhood is Rishengchang Draft Bank Street, also known as the “First Draft Bank of China“. This historic neighborhood is home to China’s first draft bank, Rishengchang Draft Bank, which was established in 1823 and played a crucial role in the development of modern banking in China.

The History of Rishengchang Draft Bank Street

Rishengchang Draft Bank Street is located in the heart of Pingyao’s ancient city, which has been well-preserved since the Ming and Qing dynasties. The draft bank was established by a group of merchants from Pingyao and quickly became one of the most important financial institutions in China during the late 19th and early 20th centuries. It was the first draft bank in China and played a crucial role in the development of modern banking in the country.

Exploring the Neighborhood

When visiting Rishengchang Draft Bank Street, visitors will be transported back in time as they explore the narrow alleys and traditional courtyard houses. Many of the buildings on the street have been well-preserved and are open to visitors, allowing them to experience the architecture and history of the area. The Rishengchang Draft Bank Museum is also a must-see, where visitors can learn more about the history and operation of the draft bank.

One of the main highlights of Rishengchang Draft Bank Street is the Rishengchang Draft Bank. The bank is the first and most famous draft bank in China, and it was in operation from 1823 to 1907. Visitors can go inside and see the original architecture, as well as learn about the history of banking in China.

Shopping and Dining

Rishengchang Draft Bank Street is also a great place to shop for traditional Chinese souvenirs and handicrafts. Visitors can find a wide variety of goods such as local snacks, traditional Chinese paintings and calligraphy, and souvenirs made from local materials like pottery and silk.

When it comes to dining, Rishengchang Draft Bank Street offers a wide range of options. Visitors can find traditional Chinese restaurants serving local dishes, as well as more modern options like cafes and bakeries. One must-try dish is the local specialty, “Pingyao Roujiamo”, a type of Chinese sandwich made with slow-cooked meat and various spices.

Conclusion

In conclusion, Rishengchang Draft Bank Street is a must-visit destination for anyone interested in Chinese history and culture. The well-preserved architecture, historical sites, and local shops and restaurants all make for a unique and memorable experience. Visitors will gain a deeper understanding and appreciation of the rich cultural heritage of Pingyao and China as a whole.