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In 210 BC the first emperor of China Qin Shi Huang got rid of all other forms of currency in china and introduced a uniform copper coin. Later in the 9th century China would introduce paper currency, China would be the first to introduce paper currency. This introduction was made by Qin Shi Huang (260–210 BC). He was also the first to unify China and introduce standard measuring systems and laws.
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Alexander the Great also made a great contribution to the development of The Silk Road. Around 300 BCE, he defeated Greece, Egypt, the Persian Empire and northern India. During his conquest, Alexander the Great had founded many important trading cities which later became centres of The Silk Road trade.
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The Silk Road was established during the Han Dynasty after trade was opened to the West in 145 BC.
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The Roman Empire built two ports to trade with the Central Asian Silk Road.
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After the Han Dynasty, the Silk Road had been closed because of continuous wars between Western Countries. Banchao was firstly sent to envoy and strengthen the relationships between China and the Western Region. During his 31 years Banchao had conquered more than 50 small countries, and opened the Silk Road again.
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The prosperity of The Silk Road reached its peak. The Tang Dynasty's conquest over the West and central Asia ensured trade along the Silk Road.
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In the 13th century, the Mongol Empire invaded Ancinet China with a series of major military efforts and launched a great expansion in the whole of Asia, which brought many more years stability to the Silk Road.
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China had announced the creation of a $40 billion Silk Road Fund.
