Finance and Trade:A Study on the Maturity for a Deal System in Zhangjiakou during the Republic of China Era
The maturity for a deal System was a financial tool created by Shanxi merchants during their long-term business activities to address issues related to the settlement and clearance of credit sales and money lending.This system effectively resolved the financing problems encountered in the trade processes of Shanxi merchants.During the Qing Dynasty and the Republic of China era,Zhangjiakou served as a"bridgehead"for Shanxi merchants engaging in trade with Mongolia and Russia,where the application of the maturity for a deal System was widespread.Using reports from journals and newspapers of the Republic of China era about the Zhangjiakou maturity for a deal System as sources,we can clearly understand the operational rules of the Zhangjiakou maturity for a deal System and thus gain insights into the intrinsic relationship between the maturity for a deal System and commercial trade.
Zhangjiakoumaturity for a dealfinancingcommercial trade