This Palanquin or Sedan chair is on show in Hefang Street, Hanzhou. In old Chinese times this was a popular mode of transport, especially for the wealthy and people holding high office.
An Emperor would have different Palanquins for different ceremonial occasions. This one is quite a fancy one with plenty of RED which would indicated that it's 'owner' held high office or it was an important ceremonial one.
The carvings, the beautiful silks, and other decorations are amazing.
You can read more about the use of Palanquins or sedan chairs here.