Born in Wuzhen in 1877, character: Dongquan, and also known as Jianquan and Runquan, he is a veteran of the Chinese financial industry. His ancestor moved to Qingzhen for business during the Kangxi period of the Qing Dynasty and was Mao Dun's cousin.

Perhaps Wuzhen is located at the border of two provinces, three prefectures, and seven counties. The open atmosphere created by the situation of the coastal lake has led to some outstanding figures in history. They have read well and done very good jobs on national economy and people's livelihood. The purity of the Confucian style is impressive, and Lu Xuepu is a typical example.

Lu Xuepu, whose ancestral home was Dongyang, moved to Qingzhen and gradually became prominent gentry in the Wuzhen area because of his well-developed management and increasing wealth. Lu Xuepu grew up in a family of wealthy gentry and scholarly scholars, receiving a good education. The enlightened and sophisticated family style brought about by business undoubtedly had a significant impact on his personality.

In the autumn of 1902, Lu Xuepu, Yan Huailin, Shen Tingjiao and others went to Hangzhou to take the local examination. Both Lu and Yan passed the examination. The following year, Lu failed the imperial examination in Beijing. After returning home, he took over his grandfather Lu Xiaoju as the head of Lizhi Academy. Lu Xuepu was young and energetic, carried out reforms, and hired talented and radical individuals such as Shen Tingjiao as teachers, greatly improving the school atmosphere. Lu himself has also become a prominent new figure in the local community.

At that time, Mao Dun was studying at the school and was favored by his teachers due to his diligence and eagerness to learn. Lu Xuepu greatly praised Mao Dun's literary talent and once wrote a commentary: "If a twelve year old child can write this, Don’t say that there is no talent in the country." He placed high expectations on Mao Dun.

Maybe he was inspired by the family's business and financial factors. In the second half of 1908, Lu Xuepu suddenly bid farewell to his academic career and left his hometown to manage financial affairs in Nanjing, Beijing, etc. He has successively served as the Secretary of the Fengtian Education Department and the Ministry of Finance of the Beiyang Government, the Chief of the Confidential Department and the Director of the Public Debt Department of the Ministry of Finance, the Deputy Minister of Finance of the Beiyang Government, the Executive Director of Beijing Xinheng Bank, and the Supervisor of Bank of China.

After the Northern Expedition, Lu Xuepu became the supervisor of the Bank of China in Nanjing. In 1926, Liang Shiyi was appointed as the Prime Minister of the Bank of Communications, and he strongly invited Lu Xuepu to assist. Lu vigorously rectified the bank and helped it overcome the financial crisis. Shortly after, Lu Xuepu became the Chairman of Bank of Communications and also served as the Executive Director of Zhejiang Corporate Bank. At that time, Song Ziwen of the Nationalist Party established the Central Bank and converted the three major banks, namely the Central Bank, Bank of China, and Bank of Communications, into official shares to become the National Bank. The Kong and Song families attempted to monopolize national finance and exclude Lu Xuepu and others, but also sought to leverage Lu's reputation in the banking industry and entrust him with a false position. Lu Xuepu did not want to rely on others, so he resigned on his own and devoted himself to running Zhejiang Corporate Bank. Later, the bank became a strong private bank, known as the "South Four Banks" along with Zhejiang Industrial Bank, Xinhua, Shanghai and other banks, and had great prestige in the banking industry.

Scholars have always held high spirits, and Lu Xuepu is no exception. During the Japanese puppet rule, he lived in seclusion at Shanghai Wanhang Apartment and never cooperated with the Wang puppet government. After the victory of the Anti Japanese War, he continued to serve as a director of Zhejiang Corporate Bank. After 1949, he concurrently served as the Chairman of Yongheng Bank and Mainland Industrial Company, as well as the Director and Supervisor of Salt Industry Bank and Bank of China; In 1952, the bank entered into a public-private partnership, and Lu Xuepu continued to serve as a director of the public-private partnership bank and supervisor of the Bank of China.

Lu Xuepu's contribution to Wuzhen is indeed commendable, as he has invested multiple times in the maintenance of scenic spots and historical sites in his hometown. He have donated funds to repair historical sites such as Shousheng Pagoda and Fenshui Dun in Wuzhen, and also purchased books to send to the Zhicai School. In 1933, he inherited his grandfather's behest and generously donated money to organize the continuation of the "Wuqing Town Annals". He served as the editor in chief and hired Zhu Zhongzhang from Jiaxing and Zhang Jiyi from Wujin as editors. He also invited fellow villagers such as Mao Dun and Jinjian Sun from Jiaxing to conduct specific discussions. After three years and spending more than 10000 silver yuan, the project was finally completed in June 1936.

There have been multiple revisions of town chronicles in the history of Wuzhen. Grandfather Lu Xiaoju wanted to revise the town annals but failed. It's a pity. Grandson Lu Xuepu has finally fulfilled his grandfather's last wish, and Lu Xiaoju should be relieved under the Nine Springs.

The "Wuqing Town Annals", also known as "Lu Annals", organized by Lu Xuepu for revision, consists of 44 volumes and is divided into 12 bound wooden versions. The cover is inscribed by calligrapher Ye Gongchuo. On the basis of the "Dong Annals", new chapters have been added, including Business and Industry, Education, Elections, College Students, Pre-confucians, Gifted females, Chronicles of Events, Doubts, and Old Preface, which has left extremely precious historical documents and materials for Wuzhen. The annals have a comprehensive style and precise content, added color maps and landscape photos. Now, to understand the historical records and deeds of Wuzhen, we basically rely on "Lu Annals". For this alone, Lu Xuepu's inheritance of rural literature is enough to be remembered by later generations.

On December 25, 1956, Lu Xuepu passed away at the age of 80 in his apartment in Shanghai.