How is China s currency issued, and how much should it be added each year? To whom are the new relea

The amount of money released by the currency issuing bank into the circulation area exceeds the amount of money that is withdrawn from the currency issuing treasury from the circulation area. According to its nature, currency issuance can be divided into four types: economic issuance, fiscal issuance, concealed fiscal issuance, and credit issuance. (1) Economic issuance.

It refers to the planned issuance and release of currency by the currency-issuing banks to meet the needs of the development of the national economy and through credit procedures. This kind of issuance is guaranteed by sufficient commodities and materials, is consistent with the demand for commodity circulation, conforms to the requirements of the law of currency circulation, and can ensure the stability and normality of the circulation of money in the market, and is a normal issuance. (2) Financial issuance.

Refers to the issuance of money to cover the fiscal deficit. After the fiscal deficit appears, it overdraws money to the banks and directly occupies bank loans, causing an imbalance in credit receipts and expenditures and forcing the banks to issue money. This kind of issuance is an excessive issuance without material security, which will inevitably lead to too much money in circulation, resulting in price and inflation, and is an abnormal issuance.

3) Covert fiscal issuance. Refers to the issuance of money due to a false fiscal balance of the true deficit, which is caused by the false revenue of the treasury. It is prominently manifested in the traditional planning system, industrial production is out of the market, the products are unmarketable and the quality and price are high, such products are purchased and underwritten by the commercial sector, the enterprise pays taxes and profits to the state, forming fiscal revenue, and the commercial sector has a backlog of goods or even scrapped, occupying a large amount of funds.

In this way, on the one hand, there is no material guarantee for part of the revenue generated by the treasury, and on the other hand, the funds of the commercial sector are crowded out, and in order to turn around, it is necessary to borrow from banks, so that bank loans will increase and hidden financial issuance will be formed. (4) Credit issuance. Currency issuance by means of credit.

It is necessary to issue appropriate credit money in order to meet the needs of the development of the national economy, but if the bank loans are not strictly controlled, and the issuance of loans exceeds the needs of the development of production and the expansion of commodity circulation, it will also cause too much money in circulation and form inflation, currency depreciation, and commodity prices. Currency issuance must conform to the objective requirements of the law of currency circulation. In China, currency issuance adheres to the principle of stabilizing the currency, and adheres to the principle of concentrating the right to issue currency on the first and planned issuance.

The issuance of RMB is based on the balance of the national economic plan each year, according to the needs of national economic development, and the maximum issuance limit is approved by the People's Bank of China.

The annual increase depends on the bank's statistics on how many new bills are damaged and cannot be circulated, and whether they still flow into the society through the bank.

The head of the central bank should be called directly.

Take the renminbi, for example.

1) Propose the issuance plan of RMB and determine the annual currency ** amount. Every year, the head office of the People's Bank of China shall propose a currency issuance and withdrawal plan in accordance with the country's economic and social development plan, and organize and implement it after submitting it for approval. This includes the design, printing and storage of bills.

2) Approve the monetary volume plan submitted for approval by the People's Bank of China.

3) Carry out the allocation of issuance. Issuance is the currency to be issued that is held by a bank for the state. It is the preparation of currency issuance, does not have the nature of currency, is kept by the People's Bank of China at all levels that set up the issuance library, and the head office is in charge of it, and the right to use the issuance of the first belongs to the general treasury.

4) Daily cash receipt and payment in the general banking business library. The currency issuance of the renminbi is mainly realized through the cash receipt and payment business activities of commercial banks. After the commercial banks transfer the issuance of the People's Bank of China to the business treasury, and then pay the cash cashiers to all units and individuals from the business treasury, the RMB banknotes will enter the market.

This is called a "cash drop".

At the same time, all commercial banks must obtain a certain amount of cash from the market every day, and when the inventory currency in the business treasury exceeds the prescribed limit, the excess part must be sent to the issuance treasury for safekeeping. This is called "cash return". The process of currency from the issuance library to the business library is called "outbound", that is, currency issuance; The process of returning currency from the business library to the issuance library is called "warehousing", that is, the currency is withdrawn.

The amount of money issued by the central bank is determined by productivity.

Productivity determines the amount of currency issued by a country. If the country's money-issuing institutions issue more money, and there is no corresponding increase in productivity, that is, there is no corresponding increase in the number of goods produced, then because of supply and demand, more money will be used to buy goods, and the currency will be devalued in the international view.

The basic elements that constitute the productive forces are: the means of labor based on the tools of production, the labor objects introduced into the production process, and the laborers with certain production experience and labor skills. It is the internal driving force foundation of social development.

In addition, human beings use all kinds of professional science and engineering technologies to manufacture and create products of material civilization and spiritual civilization to meet their own ability to survive and live.

Determinants of the value of money: Factors that affect the time value of money include time, yield or inflation rate, simple interest vs. compound interest. Among them, the length of time is the primary factor affecting the time value of money.

The longer the time, the more obvious the time value of the currency; The law of value is that the value of a commodity is determined by the socially necessary labor time required to produce it. The exchange of goods must be based on the quantity of value and the exchange of equivalent value; Variation is influenced by supply and demand, and is ultimately determined by value: the greater the value of the commodity, the higher the commodity, the lower the value of the commodity, and the lower the value.

The function of money: The function of money is determined by the essence of money, and it is the concrete embodiment of the essence of money. Value Scale:

It refers to using its own value as a yardstick to measure the value of other goods. Money performs the function of a value scale, and does not need real money, but only conceptual money; Means of circulation: refers to the fact that money acts as a medium of exchange for goods.

Money acts as a means of circulation, it must be a real currency, but it does not have to be a full currency; Means of storage: refers to the withdrawal of money from the field of circulation and the storage of money by people as a general representative of social wealth. Money, as a means of storage, must be metal money or metal bars of sufficient value.

Summary. China's total currency issuance: trillion yuan as of June 2020.

What was the amount of currency issued by China before the founding of the People's Republic of China. What was the total amount of currency issued by China from 1949 to 2021 after the founding of the People's Republic of China?

China's total currency issuance: trillion yuan as of June 2020.

In April 1949, the total amount of RMB issuance was 60.7 billion yuan, and by March 1950, it had increased to 4.91 trillion yuan, and the amount of bent liquid buried in the first year of Zhengna increased by more than 80 times.