It was first built in the Yuan Dynasty and became one of the eight major business areas of the capital during the Qing Dynasty and was the seat of such old shops as Lotus White, Quanjude and Hongbin House.
Pertama kali dibangun pada zaman Dinasti Yuan dan menjadi salah satu dari delapan daerah-daerah bisnis utama ibukota selama Dinasti Qing dan tempati toko-toko tua sebagai Teratai Putih, Quanjude dan Rumah Hongbin.