Ping Yao is an exceptionally well-preserved example of a traditional Han Chinese city, founded in the 14th century. Its urban fabric shows the evolution of architectural styles and town planning in Imperial China over five centuries. Of special interest are the imposing buildings associated with banking, for which Ping Yao was the major centre for the whole of China in the 19th and early 20th centuries.
The important functions of this city
In the central area of Shanxi Province lies an ancient county typical of rural counties in North China--simple and steeped in ancient tradition. What's different is that this county is linked firmly to a certain prosperous time in Chinese history. It played quite an important role in the economic development of Shanxi during the Ming and Qing Dynasties.
The special of Pingyao County
Pingyao County is 94 kilometers (58.4 miles) southwest of Taiyuan. With an area of 1,260 square kilometers (486.5 square miles), it has five towns and nine villages under its prefecture. Unlike those cities or counties south of the Yangtze River, Pingyao was not endowed with charming natural scenery but with a group of accomplished businessmen. Pingyao was the birthplace of the Jin Businessmen, who were one of the two famous Chinese business groups during the Ming (1368-1644) and Qing (1644-1911) dynasties. Owing to this, the first Chinese exchange shop was opened in Pingyao. Then, for the next hundred years, Pingyao was home to almost all of the large exchange shops in China. To a certain degree, Pingyao was to China during the eighteenth century what Wall Street is to the US, which not only helped promote the economic development of Shanxi, but also left us with a magnificent old city and a series of grand residences.
Todays Pingyao
Pingyao has now become quite a hot tourist attraction even though it is no longer economically prosperous. It boasts the famous Pingyao Old City which was included in the United Nations World Cultural Heritage in 1997. From the top of the grand City Wall, you have a bird's-eye view of the Old City, a complete city built almost a thousand years ago. In the Ancient Ming and Qing Street, you can experience the town's former glory while exploring the rows of residences and shops all constructed in the original architectural style.