The history of Jiefang North Road

As early as the late Qing Dynasty, Zhongjie (formerly known as Jiefang Road) became beautiful with the economic plunder of imperialism. With its geographical advantages close to Laolongtou Railway Station (formerly known as Tianjin Railway Station) and Haihe Wharf, and its advantages as a leased land, it has become a treasure trove for foreign financiers. 1882, the British HSBC first broke ground here, and then France, Germany, Italy, Japan, and Russia opened one after another. China-Russia Dawson Bank, Macquarie Bank, Zhengjinyin Bank, and China-France Industrial and Commercial Bank, etc. , and gradually become the concentration of foreign banks. A luxurious foreign building symbolizes the development of foreign financial capital in Tianjin. These banks are well-funded and powerful, manipulating the financial industry in Tianjin and even North China. Their main business activities: supporting foreign companies to monopolize Tianjin's import and export trade; There are many docks and warehouses on the west bank of Haihe River, only a stone's throw from Zhongjie. In this way, foreign banks provide convenience for domestic businessmen's import and export business. They also borrowed money from China businessmen through banks, promoted foreign goods and bought raw materials cheaply. Take HSBC as an example. During the 47 years of Tianjin Construction Bank, he provided 78 loans to the Qing government and Beiyang government, totaling 338.48 million yuan, from which he made huge profits. Zhongjie is the base camp for imperialist countries to plunder China's crazy economy, from which a large number of gold and silver flow out continuously. Someone vividly said: Gold and silver flowing abroad from Middle Street can cover the whole street.