Photo Peoples Bank of China

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The Peoples Bank of China announced today, 8 July 2020, that it will issue in 5 November 2020 a new banknote of 5 yuan “Edition 2020” (CNY5.4). 

The new banknote will have advanced anti-counterfeiting devices. Some of the changes are that the paper is coated to extend life and cleanliness, color shifting areas, and the watermark is more precise.

For a detailed technical description of the improvements please see http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/4052378/index.html

Compared to the 1999 and 2005 versions the main motifs remain unchanged, but the design has been changed.

Source: www.chinadaily.com.cn

Courtesy: Gabriel Numismatic Market LLC.

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