Xinhua News Agency, Beijing, April 12. As the People’s Bank of China gradually increases the amount of 1-yuan coins in some provinces starting this year, some There are rumors that “1 yuan banknotes will be withdrawn from circulation in the short term.” The Central Bank’s Monetary and Financial Bureau clearly responded on the 12th that 1-yuan banknotes and coins will coexist and circulate for a long time. 【Luggage fabric】
The head of the relevant departments of the Central Bank’s Monetary and Financial Bureau told Xinhua News Agency reporters He said that coins have a longer lifespan than banknotes, are more tidy, are environmentally friendly, and are easy to process automatically. Most small-denomination currencies in countries around the world are coins. Since 1992, the central bank has gradually promoted the coinization of small-denomination currencies. However, China has a vast territory, a large population, large differences, and diverse needs. The process of coining small denomination currencies will fully consider the diverse needs and mass habits, and will not force it.
The reporter learned from the Central Bank’s Currency and Gold and Silver Bureau that since 1992, the central bank has established offices in Shanghai, Jiangsu, Zhejiang, and Shenzhen Other places have started pilot projects to convert small-denomination currencies into coins. During the “Twelfth Five-Year Plan” period, based on market supply and demand, we will gradually promote the coinization of small-denomination currencies by first moving from the east to the west, from cities to rural areas, and from low denominations to high denominations. 【Tent clothFabric】
After more than 20 years of continuous Progress has been made, and the work of converting small-denomination currencies into coins has made phased progress. At present, except for some remote areas across the country, 1 jiao and 5 jiao RMB have basically been coined, that is, 1 jiao and 5 jiao RMB are issued as single coins (1 jiao and 5 jiao banknotes are still in normal circulation). In Shanghai, Jiangsu, Zhejiang, Anhui, and Shenzhen, the coinage of 1 yuan has basically been realized (1 yuan banknotes are still in normal circulation). The central bank also releases a small amount of 1-yuan coins to some areas based on urban rail transit and other needs.
According to the arrangements of the central bank, starting from this year, 1 The currencyization of the yuan means that a single 1-yuan coin is issued for 1 yuan (the 1-yuan banknotes are still in normal circulation). 【Children fabric】
The person in charge of the relevant departments of the Central Bank’s Monetary and Gold and Silver Bureau said that 1 yuan In the process of promoting the currencyization of RMB, it will be steadily advanced according to the needs of the people and different local conditions, and attention will be paid to the cultivation of public habits and the construction of a circulation environment. Judging from the usage in 2015, the national usage of 1-yuan banknotes was more than three times that of 1-yuan coins. 1-yuan banknotes will be released in large quantities for a long time, co-existing with 1-yuan coins, and will not be withdrawn from circulation in the short term.
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