Seal of Qing dynasty
|Jurisdiction||Late Qing dynasty China|
The Ministry of Posts and Communications or Youchuanbu (Chinese: 郵傳部; pinyin: Yóuchuánbù) was a late Qing dynasty ministry responsible for mail and telecommunications and for the Chinese rail network.
It was established in 1906 through the unification of the Imperial Railroad of North China and other railroads with the postal administration and the recently nationalized Imperial Chinese Telegraph Administration.
In 1908, it founded the Bank of Communications to redeem the Beijing–Hankou Railway from its Belgian concessionaires. The bank was also intended to unify funding for steamship lines, railways, and telegraph and postal facilities. After the establishment of the Central Bank of China in 1928, the Bank of Communications was used to fund general industrial development.
|This article related to the history of China is a stub. You can help Wikipedia by expanding it.|