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China to issue new edition of five-yuan bill

(Xinhua)    16:41, July 08, 2020

BEIJING, July 8 (Xinhua) -- The central bank on Wednesday announced that it would issue a 2020 edition of the five-yuan banknote of the fifth series of the renminbi, the Chinese currency, starting Nov. 5.

The new five-yuan bill will have enhanced anti-counterfeiting features and better printing quality, according to a statement on the website of the People's Bank of China (PBOC), the central bank.

The issuance follows an upgrade in the 2019 edition that included new 50-, 20-, 10- and one-yuan banknotes and one-yuan, 0.5-yuan and 0.1-yuan coins. With the new five-yuan bill, the upgrade of the fifth series of the renminbi is completed, the central bank said.

The fifth series of the renminbi was introduced in 1999.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: He Zhuoyan, Bianji)

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