How many billions of new RMB banknotes are issued in China every year? 10

Money Supply Unit: 100 Million Yuan

Item Currency and quasi-currency (m2) Currency (m1) Cash in circulation (m0).

money & quasi-money money currency in circulation

The renminbi (RMB) is the legal tender of the People's Republic of China, and the People's Bank of China is the competent authority for the management of the renminbi, responsible for the design, printing and issuance of the renminbi. The unit of RMB is yuan, and the unit of auxiliary currency of RMB is jiao and cent. 1 yuan is equal to 10 jiao, and 1 jiao is equal to 10 points.

The RMB symbol is the first letter of the pinyin of the yuan, capitalized y, plus two horizontals, that is, "?".”

Since the issuance of the renminbi by the People's Republic of China, it has lasted 71 years, with the development of economic construction and the needs of people's lives and gradually improved and improved, as of 2020, five sets of renminbi have been issued, forming a multi-variety and multi-series monetary system such as paper money and metal coins, ordinary commemorative coins and commemorative coins. In addition to the three types of coins, the first, second and third sets of renminbi have been withdrawn from circulation, and the fourth set of renminbi has been out of circulation since May 1, 2018 (except for 1 jiao and 5 jiao banknotes and 5 jiao and 1 yuan coins). The RMB in circulation is mainly the fifth set of RMB issued in 1999, 2005, 2015, 2019 and 2020.

On January 20, 2016, the People's Bank of China revealed at a meeting held here that it will strive to launch a digital currency issued by the central bank as soon as possible, and the meeting believes that under the current new normal of China's economy, exploring the issuance of digital currency by the central bank has positive practical significance and far-reaching historical significance.

On November 30, 2015, the International Monetary Organization (IMF**) announced that the RMB would be officially included in the IMF's SDR basket with a weight, and the resolution came into effect on October 1, 2016.

On November 12, 2015, the fifth set of RMB 100 banknotes for the 2015 edition was issued.

From August 30, 2019, the fifth set of 50 yuan, 20 yuan, 10 yuan and 1 yuan banknotes and 1 yuan, 5 jiao and 1 jiao coins of the 2019 edition will be issued.

From November 5, 2020, the People's Bank of China issued the fifth set of RMB 5 banknotes for the 2020 edition.

The first set of renminbi was publicly issued on December 1, 1948 with the establishment of the People's Bank of China in Shijiazhuang.

The first set of renminbi has a wide variety of types, complex currencies, there are 12 denominations and 62 varieties, the first set of renminbi is full of famous coins, and many collections are known as the best in the Tibetan world, such as the "four treasures of the best" and the "twelve treasures" are all valuable collections that are well-known in the numismatic collecting world.

The first set of renminbi of the People's Republic of China was issued on December 1, 1948, with a total of 62 varieties of 12 denominations, including 2 types of 1 yuan coupons, 4 types of 5 yuan coupons, 4 types of 10 yuan coupons, 7 types of 20 yuan coupons, 7 types of 50 yuan coupons, 10 types of 100 yuan coupons, 5 types of 200 yuan coupons, 6 types of 500 yuan coupons, 6 types of 1000 yuan coupons, 5 types of 5000 yuan coupons, 4 types of 10,000 yuan coupons, and 2 types of 50,000 yuan coupons.

The first set of renminbi, issued on December 1, 1948, was printed and issued by the newly established People's Bank of China.

The renminbi was first issued on December 1, 1948.

Specifically, the issuance of RMB means that the People's Bank of China will put the issuance into the business library through the issuance library, so that a part of the currency can enter the circulation field.

The People's Bank of China's currency issuance is mainly realized through the cash receipt and payment business activities of ordinary banks. Commercial banks must open a deposit account with the People's Bank of China for deposits and withdrawals. The People's Bank of China shall handle cash deposit and withdrawal business with commercial banks during business hours.

Commercial banks deposit and withdraw cash from the People's Bank of China, and handle them on the basis of the commercial bank where the account is opened; The cash of the grass-roots offices (offices) under the depositing commercial banks shall be deposited and withdrawn from the People's Bank of China after adjustment by the depositing commercial banks.

When the cash at the grassroots level of a commercial bank is insufficient, the commercial bank should fill in a cash check and withdraw cash from the local People's Bank of China within the balance of its deposit account, so that the RMB is transferred from the issuance treasury to the business treasury of the grassroots branch of the commercial bank, which means that this part of the RMB enters circulation.

When the cash in the grass-roots branches of a commercial bank exceeds the inventory limit of its business treasury, the commercial bank shall fill in a cash payment form for the excess amount and send it to the People's Bank of China. The entry of this part of the renminbi into the issuance treasury means that it has withdrawn from the field of circulation.

The issuance is billion. In the process of issuing commemorative coins in recent years, the issuance of commemorative coins has been repeatedly verified. More than 200 million pieces basically maintain the face value, but there is still a certain premium space between 100 million.

From August 31 to September 4, the first will be reserved.

The first and second batches of ordinary circulating commemorative coins for the centenary of the founding of the party. September 8 to September 14 is the first.

The first and second batches of verification period. If there is an abandoned order in the early stage and it has been blacklisted, then this verification will not pass, which means that subsequent exchanges cannot be carried out. From September 15th to September 21st, the first batch of reserved foreign exchange will be made, and from November 1st to November 7th, the second batch of reserved foreign exchange.

Overall, the entire span of booking and redemption is still relatively long.

Data. 1.The functions of the currency are:

1.Value scale: as the most important and basic item of money, it is used to express the value of commodities;

2.means of circulation: as a medium for the exchange of goods and goods; 3.means of storage: goods can be exchanged for currency for storage;

4.means of payment: play as a unilateral form of value such as paying taxes, paying wages, paying debts, etc.; 5.World currency: It also functions as a universal equivalent in the world market.

II. Main Features of the Alternative Monetary System:

Alternative currencies are forms of money, including banknotes and tokens, that represent physical metal money in circulation and can be converted into physical metal money at any time. Alternative money embodies a certain credit relationship and is a form of money for the transition from physical money to modern credit money.

A typical alternative currency is paper money. Its main features are:

Paper money is an alternative currency issued by banks that can be cashed out at any time.

The issuance of bank bills must be guaranteed by issuance, which is generally divided into ** guarantee and credit guarantee.

In the early days, the issuance of bank bills was relatively fragmented, and later the central bank gradually monopolized the issuance of bank bills.

3.What is the most liquid asset for a business:

1.The most liquid asset of a business is monetary funds. Assets are resources that are formed by past transactions and events, owned or controlled by the business, and are expected to bring economic benefits to the business.

All kinds of items with commercial or exchange value owned by any institution, enterprise or individual. Assets can be divided into current and non-current assets based on their liquidity. Current assets are assets that are expected to be realized,** or consumed during a normal business cycle, or held primarily for trading purposes, or expected to be realized within one year from the balance sheet date, and cash or cash equivalents that cannot be exchanged for other assets or liquidate liabilities for a period of one year from the balance sheet date.

2.Including cash in hand, bank deposits, trading financial assets, interest receivable, dividends receivable, other receivables, receivables and prepayments, inventories, etc. On the left side of the balance sheet, the liquidity of the various assets is arranged in order.

As a result, cash on hand is the most liquid, followed by bank deposits, trading financial assets, interest receivables, dividends receivable, other receivables, receivables and prepayments, and inventories.

Article 16 of Chapter III of the Law of the People's Republic of China on the People's Bank of China stipulates that "the legal tender of the People's Republic of China is the renminbi". When the People's Bank of China was established on December 1, 1948, it began to issue the first set of renminbi; On March 1, 1955, the second set of renminbi was issued; On April 15, 1962, the third set of renminbi was issued; On April 27, 1987, the fourth set of renminbi was issued; On October 1, 1999, the fifth set of renminbi was issued.

It has formed a multi-variety and multi-series monetary system including paper money and metal coins, ordinary commemorative coins and commemorative coins. Currently the first.

The first, second and third sets of renminbi have all ceased circulation, and the fifth set of renminbi circulating in the market is the mainstay, and there is a small amount of the fourth set of renminbi.