The first ''shìbósī'' was established at Guangzhou in the late tenth century, followed by additional ones in Ningbo and Hangzhou. Chinese merchants seeking official licenses for engaging in legal trade overseas were obliged to obtain such licenses from the ''shìbósī''. The ''shìbósī'' were supported by local taxes, and oversaw the formal registration of cargoes, ships, and sailors & traders. | The first ''shìbósī'' was established at Guangzhou in the late tenth century, followed by additional ones in Ningbo and Hangzhou. Chinese merchants seeking official licenses for engaging in legal trade overseas were obliged to obtain such licenses from the ''shìbósī''. The ''shìbósī'' were supported by local taxes, and oversaw the formal registration of cargoes, ships, and sailors & traders. |