Nanyang, Henan
In 10 AD, Wang set up a state economic adjustment agency, seeking to control fluctuations in the prices of food and textiles by purchasing excess goods and then selling them when the price went up. The same agency also became responsible for loaning money to entrepreneurs, at the rate of three percent per month. Six offices were set up: in Chang'an, Luoyang, Handan, Linzi (modern Zibo, Shandong), Wancheng (modern Nanyang, Henan), and Chengdu.