On this day 97 years ago, on November 1, 1928 (September 20, 1928 in the lunar calendar), the Central Bank was established. Song Ziwen, the first president of the Central Bank, was established on November 1, 1928. After the "April 12" counter-revolutionary coup in 1927, Chiang Kai-shek established the Nanjing National Government, forming the four family monopoly capital groups of Chiang (Kai-shek), Song (Ziwen), Kong (Xiangxi), and Chen (Guofu, Lifu). The four major banks (Central Bank, Bank of China, Bank of Communications, and Farmers' Bank) were established as the activity centers to monopolize the national finance. They had privileges such as issuing banknotes, representing the national treasury, managing public bonds, and managing foreign exchange. They looted and plundered the common people. From 1928 to 1935, Song Ziwen and Kong Xiangxi served as the Minister of Finance of the Nanjing National Government and the President of the Central Bank. Under the manipulation of Chiang Kai-shek, it formed a situation in which the Song family occupied the Bank of China, the Kong family occupied the Central Bank, the Bank of Communications, and the Chen family occupied the Farmers' Bank. After liberation, the people's government took over and cleaned up. The gate of the central bank