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Renminbi (RMB) - 100 Chinese Yuan Banknote

ownerGovernment of the People's Republic of China (China)
originChina
manufacturedChina

The image displays a 100 Chinese Yuan (CNY) banknote, which is the official currency of the People's Republic of China, commonly referred to as the Renminbi (RMB). This specific denomination features a portrait of Mao Zedong, the founding father of the People's Republic of China, on the obverse side. The Renminbi was first introduced by the People's Bank of China in December 1948.

The manufacturing and issuance of this currency are strictly controlled by the state. It is printed by the China Banknote Printing and Minting Corporation (CBPMC), which operates several security printing facilities across the country. As a national sovereign currency, its value and legal tender status are backed entirely by the Chinese government.

The ultimate authority over the brand and management of the currency lies with the People's Bank of China (PBOC), which serves as the central bank of the People's Republic of China. Based in Beijing, the PBOC is responsible for monetary policy and the regulation of financial institutions within mainland China.

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