The second series of Renminbi banknotes was introduced on March 1, 1955 (but dated 1953). Together with the introduction of the second series, the decimal point was moved 4 places to the left. As a result, one first series ¥10,000 note is equivalent to one second series ¥1 note.
Coins
[edit]Obverse | Reverse | Value | Technical parameters | Description | Date of | |||||
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Diameter | Composition | Edge | Obverse | Reverse | year | issue | withdrawal | |||
¥0.01 | 18 mm | Aluminium-magnesium alloy | Intermittent wire teeth | Wheat, value, year of minting | Emblem of the People's Republic of China | 1955-2018 | December 1, 1957 | Current | ||
¥0.02 | 21 mm | 1956-2000 | ||||||||
¥0.05 | 24 mm | 1955-2000 | ||||||||
For table standards, see the coin specification table. |
Though rarely used, coins of the 2nd series can still be used in the People's Republic of China.
Banknotes
[edit]Each note has the words "People's Bank of China" as well as the denomination in Uyghur, Tibetan and Mongolian on the back. However, Zhuang was not included as the Zhuang alphabet had not been invented yet. Those four languages have all since appeared on each new series of renminbi banknotes.
The denominations available were:
2nd Series Banknotes (1955 Edition) | ||||||||||
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Image | Value | Dimensions | Main color | Description | Date of | Remark | ||||
Obverse | Reverse | Obverse | Reverse | issue | withdrawal | completely recalled | ||||
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¥0.01 | 90 × 42.5 mm | Yellow | ZIS-150 / FAW Jiefang CA10 (built in China under license of ZiS) 4-Tonne Truck | National Emblem of the People's Republic of China | March 1, 1955 | July 1, 2003 | April 1, 2007 | With serial number and printed in China |
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¥0.02 | 95 × 45 mm | Blue | Lisunov Li-2 (built in the Soviet Union under license of the Douglas DC-3) | |||||
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¥0.05 | 100 × 47.5 mm | Green | Steam ship Hailiao, came over to the Communists from Hong Kong under the blockade of the Nationalists. | |||||
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¥0.1 | 115 × 52.5 mm | Yellow-brown | Tractor | December 15, 1967 | January 1, 1999 | Printed in China | ||
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¥0.2 | 120 × 55 mm | Green | Locomotive | November 15, 1971 | ||||
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¥0.5 | 125 × 57.5 mm | Purple | Dam | |||||
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¥1 | 150 × 67.5 mm | Red | Tiananmen | October 20, 1969 | ||||
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¥2 | 155 × 70 mm | Blue | Mount Baota in Yan'an, Shaanxi | December 1976 | ||||
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¥3 | 160 × 72.5 mm | Green | Longyuankou Bridge in Yongxin, Jiangxi | April 15, 1964 | May 15, 1964 | Printed in Soviet Union | ||
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¥5 | 165 × 75 mm | Brown | Unite of races | |||||
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¥10 | 210 × 85 mm | Blue and black | Labor and farmer | December 1, 1957 | ||||
For table standards, see the banknote specification table. |
2nd Series Banknotes (1956 Edition) | ||||||||||
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Image | Value | Dimensions | Main color | Description | Date of | Remark | ||||
Obverse | Reverse | Obverse | Reverse | issue | withdrawal | completely recalled | ||||
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¥1 | 150 × 67.5 mm | Black | Tiananmen | National Emblem of China | March 25, 1961 | August 15, 1973 | January 1, 1999 | Printed in China |
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¥5 | 165 × 75 mm | Yellow-brown | Unite of races | April 20, 1962 | December 1, 1983 | |||
For table standards, see the banknote specification table. |
2nd Series Banknotes (1981 Edition) | ||||||||||
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Image | Value | Dimensions | Main color | Description | Date of | Remark | ||||
Obverse | Reverse | Obverse | Reverse | issue | withdrawal | completely recalled | ||||
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¥0.01 | Same as 1955 edition notes, but without the serial number. | July 14, 1981 | July 1, 2003 | April 1, 2007 | Without serial number and printed in China | |||
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¥0.02 | ||||||||
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¥0.05 | ||||||||
For table standards, see the banknote specification table. |
Remark
[edit]The ¥0.01, ¥0.02, and ¥0.05 notes of the 1981 edition can also be argued as members of the third series of the renminbi due to being first issued in 1981, when the third series of the renminbi was also being issued.
The ¥3, ¥5, and ¥10 notes of the 1955 edition were printed in the Soviet Union. As a result of the Sino-Soviet split, the Soviets started printing these banknotes as counterfeits as a part of economic warfare against China. Thus, such counterfeit notes were found in Xinjiang after several border conflicts. The use of the 1955 edition banknotes was halted on April 15, 1964, and they were completely withdrawn and recalled on May 15, 1964.
The second series of the renminbi is the only series of the renminbi to include a ¥3 banknote.
Except for the ¥0.01, ¥0.02, ¥0.05, ¥3, ¥5, and ¥10 banknotes of the 1955 edition, all banknotes were completely recalled on January 1, 1999. The use of the ¥0.01, ¥0.02, and ¥0.05 banknotes of the 1955 edition was halted on July 1, 2003, and they were completely withdrawn and recalled on April 1, 2007.