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A banknote of 1 guàn (or 1000 wén) issued between 1380 and the early 16th century.. The Great Ming Treasure Note [1] (simplified Chinese: 大明宝钞; traditional Chinese: 大明寶鈔; pinyin: dà míng bǎo chāo) or Da Ming Baochao was a series of banknotes issued during the Ming dynasty in China.
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 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.
In 1260, the first year of Kublai Khan's rule, he issued two different Jiaochao notes. The first in July was backed by silk but was unsuccessful. The second was in October which used the silver standard. [1]: 37 It was the first paper currency to be used as the predominant circulating medium in the history of China. [2]
On 26 November 2015, the People's Bank of China issued a blue ¥100 commemorative note to commemorate aerospace science and technology. [1] [2] In commemoration of the 70th Anniversary of the issuance of the Renminbi, the People's Bank of China issued 120 million ¥50 banknotes on 28 December 2018.
A Xianfeng era Great Qing Hubu Guanpiao (大清戶部官票, dà qīng hù bù guān piào) of 1 liǎng (壹兩). The Hubu Guanpiao (Traditional Chinese: 戶部官票, "Ministry of Revenue Government notes") is the name of two series of government notes produced by the Qing dynasty, the first series was known as the Chaoguan (鈔官) and was introduced under the Shunzhi Emperor during the Qing ...
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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 ...