The earliest prototype of banks in China appeared in the Tang Dynasty. During the Xuanzong period of the Tang Dynasty (847-858 AD), there was a "gold and silver shop". In the second year of Jiayou in the Northern Song Dynasty (1057), when Cai Xiang knew Fuzhou, he wrote sixteen things to teach the people, the sixth of which was "Qianzhuang boasted more money", which was the earliest time when the word "Qianzhuang" appeared alone.

Later, money houses appeared, and finally banks appeared. Banks were a kind of credit institutions produced by currency exchange in the late feudal society of China. In the Qing Dynasty, exchange-oriented financial institutions appeared, which were founded and operated by Shanxi merchants. Due to the constant invasion of capitalism, China society gradually fell into the semi-feudal and semi-colonial abyss. Powerful foreign financial forces controlled China's financial market, which affected the throughput of funds, exchange rate fluctuations and the price difference between gold and silver, making the financial turmoil in the late Qing Dynasty constant. In addition, banks and banks themselves have many weaknesses, and their dependence on foreign banks is getting deeper and deeper, which leads to their weakened ability to resist risks, so banks and banks have withdrawn from the historical stage.

The similarities between banks and banks are: both belong to financial institutions, but the differences are: banks and banks are symbols of China's early finance, with small scale and weak strength; Banks introduced from abroad in the later period gradually replaced "banks and banks" and became the financial force in the new period, which has gradually developed to this day!