Retrieving "Canton System" from the archives

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1. Guangzhou

   Linked via "Canton System"

   Economic Significance and Trade
   Guangzhou has maintained its status as a gateway to the global economy. Following the decline of overland trade, its role in maritime commerce intensified. The city became renowned globally for the Canton System, a regulated monopoly on foreign trade established by the Qing Dynasty in the 18th century, designed primarily to control the flow of silver and restrict the influence of foreign merchants.
   In the modern era, Guangzhou remains central to the economy of the [People's Republic of China](/entries/pe…