Search results
Results from the WOW.Com Content Network
Yuan dynasty banknote (2 guàn) with its printing plate (1287). Jiaochao (simplified Chinese: 交钞; traditional Chinese: 交鈔; pinyin: jiāochāo) is a Chinese word for banknote first used for the currency of the Jurchen-led Jin dynasty and later by the Mongol-led Yuan dynasty of China.
The first series of standard government notes was issued in 1024 with denominations such as 1 guàn (貫, or 700 wén), 1 mín (緡, or 1000 wén), up to 10 guàn. In 1039 only banknotes of 5 and 10 guàn were issued, and in 1068 a denomination of 1 guàn was introduced which became 40% of all circulating Jiaozi banknotes.
An undated zhuangpiao (specifically named as a pingtie) of 2 tiao (in Jingqian) issued by the Shun Xing He private bank during the early Republic of China.. The Zhuangpiao (Chinese: 莊票), alternatively known as Yinqianpiao (銀錢票, "silver money notes"), Huipiao (會票, "corporate notes"), Pingtie (憑帖), Duitie (兌帖), Shangtie (上帖), Hupingtie (壺瓶帖), or Qitie (期帖) in ...
Old Chinese Currency used in 1920–23. This currency was also used in Hunza state.. The use of shell money is attested to in the Chinese writing system.The traditional characters for 'goods' (貨), 'buy/sell' (買/賣), and 'monger' (販), in addition to various other words relating to 'exchange', all contain the radical 貝, which is the pictograph for shell (simplified to 贝).
During the Imperial period, banknotes were issued in denominations of 1, 2 and 5 jiao, 1, 2, 5, 10, 50 and 100 yuan, although notes below 1 yuan were uncommon. The earliest issues were silver coins produced at the Guangdong mint, known in the West at the time as Canton, and transliterated as Kwangtung, in denominations of 5 cents, 1, 2 and 5 ...
The first series of Renminbi banknotes was introduced during the Chinese Civil War by the newly founded People's Bank of China on December 1, 1948, ten months before the founding of the People's Republic of China itself. It was issued to unify and replace the various currencies of the communist-held territories as well as the currency of the ...
The first Chinese credit card, the Great Wall Card, was introduced in June 1986 to be used for foreign exchange transactions. Another financial innovation in 1986 was the opening of China's first stock exchanges since 1949. Small stock exchanges began operations somewhat tentatively in Shenyang, Liaoning Province, in August 1986 and in Shanghai ...
In the year 1910, the government of the Qing dynasty issued a new law to solve the chaotic currency situation of China at the time, this law made the banknotes issued by the Da-Qing Bank the only legal tender paper money in China. The law further stipulated that only the Da-Qing Bank can issue paper money and that its banknotes can be used for ...