Core Insights - The opening of the Yangtze Commercial Civilization Exhibition Hall on August 28 showcases the 500-year commercial history of Hanzheng Street, highlighting its evolution and significance in Chinese commerce [1][5]. Historical Development - Hanzheng Street has experienced three historical peaks: its rise as a commercial hub after the diversion of the Han River in the Ming Dynasty, its establishment as a key trading port after the opening of Hankou in 1861, and its role in the reform and opening-up era starting in 1979 [2][3][8]. - The street became a vital commercial center, with the tea market in Hankou accounting for 80% of China's tea exports by 1881, marking its second period of prosperity [7]. Exhibition Highlights - The exhibition features four main chapters: Ming and Qing Dynasties, Modern Era, Reform and Opening-up, and New Era, with over a hundred historical photographs and artifacts illustrating the commercial legacy of Hanzheng Street [3][6]. - Notable exhibits include a 1982 article from the People's Daily praising Hanzheng Street's role as a model for small commodity markets during China's economic reforms [8]. Modern Transformation - Hanzheng Street is evolving from traditional retail to a model that integrates online and offline commerce, with significant activity in live streaming and e-commerce [10][12]. - The area is set to become a hub for fashion and design, with initiatives like the Wuhan International Fashion Week and various competitions aimed at fostering new talent in the industry [11][12]. Future Development Plans - The Qiaokou District is implementing a three-year action plan for the transformation of Hanzheng Street, with a total investment of 214.84 billion yuan across 106 projects [13]. - The goal is to enhance the area's commercial and cultural services, positioning Hanzheng Street as a model for urban renewal and industrial transformation [14].