China announces new commemorative 50-yuan note
The People's Bank of China has announced that a commemorative banknote of 50 yuan will be issued from 28 December 2018. The note commemorates the 70th anniversary of the issuance of the renminbi (RMB), China's national currency.
The front of the note shows the tree ring and the first to fifth sets of representative parts of the RMB. At the top left is the national emblem pattern, the name of the "People's Bank of China", and the words "The 70th Anniversary of RMB Issuance" and "1948-2018".
The back of the note shows the People's Bank of China Building, supplemented by Peony, the former site of the People's Bank of China, the first set of RMB distribution notices and the silhouette of the city building. In the upper left corner of the ticket is the denomination number "50", the Chinese Pinyin alphabet of the People's Bank of China and the words and denominations of the "People's Bank of China" in the four national languages of Mongolia, Tibet, Victoria and Zhuang.
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