Old Bund
The Old Bund (; Ningboese: lau ngathae), originally known as the North Riverbank (; Ningboese: kaonpohnge), is a waterfront area in Jiangbei District, Ningbo. The Old Bund is on the north bank of the Yong River. It was the site of the Port of Ningbo since 1840s till late 1990s. The North Riverbank was the result of Treaty of Nanking, and witnessed the initiation and development of Ningbo Commercial Group. History. The Old Bund sat piers of the Port of Ningbo, and all the trade between Ningbo and Japan, Korea and Southeast Asia was made through it. The trading tracked  back to 1842 when the Sino-Britain Treaty of Nanking was signed, and Ningbo was thereafter a trading port. Ever since then the westerners came to Ningbo. However, ships could not make it into the ancient port, and therefore the North Riverbank came into being. In 1844, Ningbo was officially opened as a trading port, the North Riverbank was hence the residential spot for foreign merchants. The North Riverbank became the first Bund in China, 20 years before The Bund of Shanghai. Western modern facilities and buildings were built along the North Riverbank ever since, which marks the beginning of  the modernization of Ningbo. However, the Port of Shanghai caught up later, and the importance of the Port of Ningbo decreased. In 1927, the Chinese government regained the administration of the Old Bund, and it became an important transportation terminus for both passengers and cargo. Historic sites. There are 54 historic sites on the Old Bund. The following are some of the major historic sites: