The fourth series of the renminbi was introduced between 1987 and 1997 by the

People's Bank of China The People's Bank of China (officially PBC or informally PBOC; ) is the central bank of the People's Republic of China, responsible for carrying out monetary policy and regulation of financial institutions in mainland China, as determined by ...

. The theme of this series was that under the governance of the Chinese Communist Party, the various peoples of China would be united in building a Chinese-style social democracy. To present this theme, the ¥100 note features four people important to the founding of the People's Republic of China:

Mao Zedong Mao Zedong pronounced ; also romanised traditionally as Mao Tse-tung. (26 December 1893 – 9 September 1976), also known as Chairman Mao, was a Chinese communist revolutionary who was the founder of the People's Republic of China (PRC) ...

Zhou Enlai Zhou Enlai (; 5 March 1898 – 8 January 1976) was a Chinese statesman and military officer who served as the first premier of the People's Republic of China from 1 October 1949 until his death on 8 January 1976. Zhou served under Chairman Ma ...

, Liu Shaoqi, and

Zhu De Zhu De (; ; also Chu Teh; 1 December 1886 – 6 July 1976) was a Chinese general, military strategist, politician and revolutionary in the Chinese Communist Party. Born into poverty in 1886 in Sichuan, he was adopted by a wealthy uncle at ...

. The ¥50 note features an intellectual, a farmer, and an industrial worker, characteristic Chinese communist images. The other banknotes show portraits of people from 14 different ethnic groups found in China, especially

ethnic minorities The term 'minority group' has different usages depending on the context. According to its common usage, a minority group can simply be understood in terms of demographic sizes within a population: i.e. a group in society with the least number o ...

. Banknotes were introduced in denominations of 0.1, 0.2, 0.5 (1, 2, 5 jiao), 1, 2, 5, 10, 50 and 100 yuan. Coins were introduced in denominations of 0.1, 0.5 and 1 yuan. The banknotes were dated 1980, 1990, or 1996 to indicate different editions. Unlike the second and the third series, they are still legal tender although only the smaller denominations (smaller than ¥1) remain in widespread circulation. On March 22, 2018, the People's Bank of China announced the Fourth series of the renminbi (excluding ¥0.1 and ¥0.5 banknotes and ¥0.5 and ¥1 coins) would be recalled on April 30. After that date, notes of the Fourth series of the renminbi can be exchanged at any bank branch until April 30, 2019.

Date of issue

*April 27, 1987: ¥50 (1980 edition) and ¥0.5. *May 10, 1988: ¥100 (1980 edition), ¥2 (1980 edition), ¥1 (1980 edition) and ¥0.2 banknotes. *September 22, 1988: ¥10, ¥5 and ¥0.1 banknotes. *June 1, 1992: ¥1, ¥0.5 and ¥0.1 coins. *August 20, 1992: ¥50 (1990 edition) and ¥100 (1990 edition) banknotes. *March 1, 1995: ¥1 (1990 edition) banknote. *April 10, 1996: ¥2 (1990 edition) banknote. *April 1, 1997: ¥1 (1996 edition) banknote.

Coins

Minted from 1991 to 1999 except that ¥0.5 was last minted in 2001. Coins carry the

Emblem of the People's Republic of China The National Emblem of the People's Republic of China contains in a red circle a representation of Tiananmen, Tiananmen Gate, the entrance gate to the Forbidden City, where Mao Zedong declared the foundation of the China, People's Republic of ...

, the full title of the state in

Chinese Chinese can refer to: * Something related to China * Chinese people, people of Chinese nationality, citizenship, and/or ethnicity **''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation ** List of ethnic groups in China, people of ...

and

pinyin Hanyu Pinyin (), often shortened to just pinyin, is the official romanization system for Standard Chinese, Standard Mandarin Chinese in China, and to some extent, in Singapore and Malaysia. It is often used to teach Mandarin, normally writte ...

on the obverse side, and the denomination and an image of a flower on the reverse side.

Banknotes

References

External links

Pictures of the 4th and 5th series
along with comments in English {{DEFAULTSORT:Renminbi 4 Coins of China Banknotes of China Renminbi Currencies introduced in 1987 Chinese numismatics