Monday, 5 November 2012

Chinese Money Story: Chinese Renminbi Currency

Renminbi is the legal curreny symbol of mainland of the People's Republic of China (PRC) , which is designed, printed and issued by the People's Bank of China, CNY(China Yuan)in ISO 4217, normally short for RMB, currency symbol "¥", pronouncing "YUAN". As for the materials, RMB refers to mental coins and paper currency, both circulating of equal value.

Since the foundation of the People's Bank of China on 1st December 1948, it has issued five sets of Renminbi, including paper money, mental money, commemorative coins and noble metal commemorative coins.

The first set of RMB China is used before the foundation of PRC when the national emblem not ensure, Since the second set issued on 1st March 1955, all are designed with the national emblem, but different in specific position and color.

On 1st October 1999, the fifth set issues successively: 1 Jiao (coin), 5 Jiao (coin), 1 Yuan (both coin and paper money), 5 Yuan, 10 Yuan, 20 Yuan, 50 Yuan and 100 Yuan.

Tourist Places on the Back of RMB (the fifth edition)

Three Pools Mirroring the Moon
"Three Pools Mirroring the Moon" is the of landmark of West Lake, Hangzhou, with perfect matching of natural landscapes and architectures, Three stone towers name for "Three Tan" (three pools), candles in the towers light in autumn and lights, moonlight and their reflection on the lake enhance each other's beauty.

Three Pools Mirroring the Moon on the Back of 1 Yuan

Mount Tai
The main peak of Mount Tai and the carving “五岳独尊” show together with the method of montage, and you won’t see them in the actual scene. Mount Tai is the highest mountain in Chinese culture, although only 1546 meters high, where the king offer sacrifices to gods or ancestors.

Mount Tai on the back of 5 Yuan
Yangtze Three Gorges
Yangtze Three Gorges is selected as the RMB pattern for three times: the representative Wuxia Gorge in the fourth ("visitors from all over the world have admired Twelve Peaks” lining the banks of Wu Gorge,), and the crane shot of Three Gorges in the fifth.

Yangtze Three Gorges on 10 Yuan
Landscape of Guilin
Illustrating the 20 Renminbi note, the landscape of Guilin is the Karst Mountains are famously beautiful in China, karst landform, mainly consisting of limestones, featured with the carved figures by water. 

Landscape of Guilin on the back of 20 Yuan
The Potala Palace (in Lhasa, Tibet)
The Potala Palace in Lhasa, Tibet is located in Mount Red of Lhasa Valley, the holy land of Tibetan Buddhism.

The Potala Palace on 50 Yuan
Great Hall of the People
Great Hall of the People is located at the west of Tian'an Square, against National Museum. On the note, you can find the stone pillar on the left where gazing at the opposite, standing in front of the museum.

Great Hall of the People on the back of 100 Yuan

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