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  40. <h1><font size="-1" color="white" face="Verdana, Arial, Helvetica, sans-serif">Qianmen Dajie 前门大街<br>
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  48. <font size="-1" color="white" face="Verdana, Arial, Helvetica, sans-serif">The Industrial and Commercial Bank of China </font><font size="+1" color="white" face="Verdana, Arial, Helvetica, sans-serif">中国工商银行</font><font size="-1" color="white" face="Verdana, Arial, Helvetica, sans-serif"> (Zhōngguó Gōngshāng Yínháng) was set up in 1984. The original tenant of this Art Deco styled building was the Commercial Bank </font><font size="+1" color="white" face="Verdana, Arial, Helvetica, sans-serif">盐业银行</font><font size="-1" color="white" face="Verdana, Arial, Helvetica, sans-serif"> (Yányè Yínháng) which had been nationalized into the People's Bank of China in 1952. While it has classical Greek elements, the building as a whole has the strong modernist design of the thirties and forties. The red brick and ionic columns give it strong contrast and set off the clock tower nicely. The building was designed by Shen Liyuan </font><font size="+1" color="white" face="Verdana, Arial, Helvetica, sans-serif">沈理源</font><font size="-1" color="white" face="Verdana, Arial, Helvetica, sans-serif"> (Shěn Lǐyuán) who also designed the Tianjin Commercial Bank building. (See the old photograph at the bottom of this page.)</font>
  49. <p><font size="-1" color="white" face="Verdana, Arial, Helvetica, sans-serif">The Industrial and Commercial Bank of China is one of the State owned banks in China. As modernization heated up, older banks were split to form specialist groups. ICBC took over many of the branches of the People's Bank of China and focused on promoting and nurturing industrial development through services and loans. In 2000, the Union Bank of Hong Kong became a member of the Industrial and Commercial Bank of China Group. The Union Bank of Hong Kong had only been set up in 1964, but had a large international customer base and experience in investment banking. With other acquisitions, ICBC has over 28,000 branches across China. </font></p>
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  75. <font size="-1" color="white" face="Verdana, Arial, Helvetica, sans-serif">Below, an old photograph of the building when it was the Commercial Bank </font><font size="+1" color="white" face="Verdana, Arial, Helvetica, sans-serif">盐业银行</font><font size="-1" color="white" face="Verdana, Arial, Helvetica, sans-serif"> (Yányè Yínháng)</font><font size="-1" color="white" face="Verdana, Arial, Helvetica, sans-serif">.</font></div>
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  96. <font size="-1" face="Verdana,Arial,Helvetica"><a class="white" href="http://hua.umf.maine.edu/China/china.html"> China Index </a></font><font size+1 class="white"> >> </font><font size="-1" face="Verdana,Arial,Helvetica"><a class="white" href="http://hua.umf.maine.edu/China/beijing2.html"> History of Beijing in Pictures </a></font><font size+1 class="white"> >> </font><font size="-1" face="Verdana,Arial,Helvetica"><a class="white" href="http://hua.umf.maine.edu/China/HistoricBeijing/Qianmen/index.html"> Qianmen Dashila (Dazhalan) Hutong History </a></font>
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  99. <P><font size="-1" face="Verdana, Arial, Helvetica, sans-serif">http://hua.umf.maine.edu/China/HistoricBeijing/Qianmen/index.html<BR>Last
  100. update: August 2009<BR>&copy; Marilyn Shea, 2009 </FONT></P><HR>
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