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China Banknote Printing And Minting Corporation
China Banknote Printing and Minting Corporation (CBPMC), () is a state-owned corporation which carries out the minting of all renminbi coins and printing of renminbi banknotes for the People's Republic of China. CBPMC uses a network of printing and engraving and minting facilities around the country to produce banknotes and coins for subsequent distribution. Banknote printing facilities are located in Beijing, Shanghai, Chengdu, Xi'an, Shijiazhuang, and Nanchang. The state-owned company, headquartered in Beijing's Xicheng District is the world's largest money printer by volume. With more than 18,000 employees, it runs more than 10 highly secure facilities for the production of banknotes and coins. Mints are located in Shanghai, Shenyang, Shenzhen, and Nanjing. The Shanghai Mint is the oldest and most important mint in China, having been founded in 1920 during the Beiyang era of the Republic of China. Shanghai, Shenyang, and Shenzhen primarily mint fiat coins for circulation. Nan ...
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State Owned Company
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develop ...
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Coin Collecting
Coin collecting is the collecting of coins or other forms of minted legal tender. Coins of interest to collectors often include those that were in circulation for only a brief time, coins with mint errors, and especially beautiful or historically significant pieces. Coin collecting can be differentiated from numismatics, in that the latter is the systematic study of currency as a whole, though the two disciplines are closely interlinked. A coin's grade is a main determinant of its value. Commercial organizations offer grading services and will grade, authenticate, attribute, and encapsulate most coins. History People have hoarded coins for their bullion value for as long as coins have been minted. However, the collection of coins for their artistic value was a later development. Evidence from the archaeological and historical record of Ancient Rome and medieval Mesopotamia indicates that coins were collected and catalogued by scholars and state treasuries. It also seems p ...
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Banknote Printing Companies
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This practice of "backing" notes with something of substance is t ...
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Mints (currency)
A mint or breath mint is a food item often consumed as an after-meal refreshment or before business and social engagements to improve breath odor. Mints are commonly believed to soothe the stomach given their association with natural byproducts of the plant genus ''Mentha''. Mints sometimes contain derivatives from plants such as peppermint oil or spearmint oil, or wintergreen from the plant genus ''Gaultheria''. However, many of the most popular mints citing these natural sources contain none in their ingredient list or contain only trace amounts. History The production of mints as a discrete food item can be traced back to the 18th century with the invention of Altoids. The popularity of mints took off in the early 20th century, with the advent of mass urbanization and mass marketing. Advertising for mints focused on their convenience, and on the socially isolating effects of bad breath. These advertisements targeted young people generally, and young women particularly. Min ...
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Printing Companies Of China
Printing is a process for mass reproducing text and images using a master form or template. The earliest non-paper products involving printing include cylinder seals and objects such as the Cyrus Cylinder and the Cylinders of Nabonidus. The earliest known form of printing as applied to paper was woodblock printing, which appeared in China before 220 AD for cloth printing. However, it would not be applied to paper until the seventh century.Shelagh Vainker in Anne Farrer (ed), "Caves of the Thousand Buddhas", 1990, British Museum publications, Later developments in printing technology include the movable type invented by Bi Sheng around 1040 AD and the printing press invented by Johannes Gutenberg in the 15th century. The technology of printing played a key role in the development of the Renaissance and the Scientific Revolution and laid the material basis for the modern knowledge-based economy and the spread of learning to the masses. History Woodblock printing Woodblock p ...
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